Industrial

Former office buildings will be demolished to build a state-of-the-art industrial development, “Bridge Point Wood Dale”

The new air cargo facility announced yesterday will involve an initial investment of $70 million by JFK Air Cargo LLC and will bring $152 million in rentals during the term of the agreement.

The Trump administration has signaled it wants to review a potential downfall in opportunity zones — gentrification. But whether the government's initiative would work depends on whom you ask.

It is estimated that there will be $100 billion of Opportunity Zone capital raised by the end of 2019—a figure that could even be higher given that…

Much of GLP's US business stems from a 2014 deal to acquire IndCor Properties from Blackstone Group for $8.1 billion.

“We were a little bit ahead of the curve in terms of understanding where values are headed in this cold storage subsector,” says HFF's Greg Nalbandian.

Liberty expects to leverage Raiman's expertise as a real estate investor, "as we capitalize on the opportunities afforded by the industrial markets and our repositioned industrial platform,” says Liberty CEO Bill Hankowsky.

Dallas-Fort Worth holds up as the third most attractive market for industrial development and investors listed DFW the second most desirable investment market for the third year in a row.