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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.
Companies are looking at reshoring and near-shoring their manufacturing systems.
The two companies are eyeing an emerging asset type catching the attention of institutional investors.
The joint venture with Pacific Life will invest in value-add assets in these categories.
E-commerce giant says warehouse project on 193-acre site it bought last fall is "on hold indefinitely."
"Crowdfunding has grown up to be a real player in the real estate market," says Bruce Stachenfeld, chairman of RE law firm Duval & Stachenfeld.
Prices head down, then up, then down for an industry amusement park roller coaster ride.
Blackstone is acquiring the REIT in an all-cash transaction of $7.6 billion.
Assembly passes bill prohibiting 100K SF warehouses within 1,000 feet of homes in Inland Empire.
While several factors raise the possibility of an economic downturn, the overall outlook remains positive.
Year-over-year, properties were still up 17.9% in April.