Premier Industrial commercial real estate news, analysis, trends and information including warehouse, distribution, logistics, e-commerce, self storage and R&D space deals and players.
The International Arrivals Facility is underway at Sea-Tac, with a scheduled opening in the fall of 2020, when the new 450,000-square-foot grand hall will be five times larger than the current facility.
"Buyers are extremely attracted to acquiring quality facilities with excellent access to the highways like this building on Island Avenue, which is located just off I-95,” says Jonathan Klear, senior vice president of NAI Mertz, which brokered the sale.
The Cubes at Lehigh Valley – Airport Road is our first foothold in the Lehigh Valley industrial market. We see significant opportunity along Route 22 and I-78 corridors,” says CRG senior vice president Frank Petkunas.
“This is a mission critical location for World Wide Technology, which already has a significant footprint in the St. Louis market,” says Avison Young's Erik Foster.
The 21st Century Redevelopment Program will launch as a pilot program with a total of $250,000 in funding available in the form of grants of up to $50,000 per recipient.
Two years of anticipated gridlock ease fears that political or economic policy changes will derail business expansion plans, setting the stage for further job creation and modest gross GDP growth, says Transwestern.