Industrial

The Port of Long Beach closes another record-breaking month in October, with trade up 14.8%.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

A Dallas-based firm has just paid $64M for two of St. Louis' newest distribution buildings.

Corbion signs a lease within Genesis South Tower bringing it to full capacity, and the first phase of Oyster Point's development is underway, which will include an improved Bay Trail and additional public open space.

Although the sector is healthy, investor interest also comes from the problems they now see in other sectors like office and retail.

“This portfolio sale is part of the $1.1 billion of new state-of-the-art industrial assets Bridge will sell in 2017,” says Steve Poulos, founder/CEO of Bridge Development Partners.

With some experts now saying online sales could eventually grow to 30% of retail sales, in many ways we are nearer the beginning of this transformation than the end.

This will be the online retail giant's fourth facility in the state, in Baltimore's Sparrows Point.