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.
Blackstone's non-traded REIT is acquiring 146 warehouses from a Cabot Properties fund, marking the asset management giant's second $1-billion deal in the industrial sector in a little over a year.
Consistently high occupancy and steady absorption through the energy downturn leads to first-phase development of Port 10 Logistics Center near Port Houston, a vital starting point for logistics delivery.
Besides providing services and warehousing for retail and B2B industries, the Piscataway facility is specially equipped to serve clients fulfilling medical device orders.
A survey indicates 67% of construction firms are having difficulty finding skilled workers such as carpenters, bricklayers, electricians and plumbers, which began with the Great Recession of 2008/2009.
The City Council approved the amendment limiting self-storage in designated industrial zones as part of the mayor's plan to promote manufacturing jobs.
As tenants look to expand or relocate and seek a better cost alternative, they're looking outside the CBD for environments with strong internal and external amenities, Westcore's Rob Sistek tells GlobeSt.com.