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 renovation of the 90,000-square-foot in-fill cold storage facility, Logistics Pointe, will allow the tenant, Kraft Heinz Company, to quickly transport cold goods to retail and/or consumers.
Progress is being made, as evident from the stats from local research companies which provide an update and recap of the damage to commercial real estate properties in the area.
Although the results vary among the five major sectors, “there is no denying the overall softening of commercial real estate pricing,” says Peter Muoio at Ten-X.
As the recovery became much broader based, demand from corporate and private business for light industrial increased, and light industrial is experiencing greater rental appreciation than big-box space, CBRE's Kurt Strasmann tells GlobeSt.com.
The International Logistics Center is underway on 40 acres located on the south side of Dallas/Fort Worth International Airport, literally on the airport property, GlobeSt.com learns.