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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.
The Ottawa-based e-commerce platform will use Deliverr's predictive software and fulfillment network to launch next-day service.
The firm is investing in eight markets, with projects underway in Atlanta, Dallas, Denver and Orlando.
Year-to-date, the firm has spent $610 million on Southern California industrial product.
Prologis has been vying to acquire its smaller rival for several months.
Last year transaction volume hit a high of $846 billion.
From higher risk for real estate owners to zoning challenges, cannabis businesses are paying a premium for rent.
MRP Industrial and Hillwood Development will build a 3.7M SF logistics center on 440 acres in Maryland.
The firm acquired a fully leased 135,000-square-foot building on 6.5 acres in Santa Clara.
The investor purchased Otay South Logistics Center, its second purchase in San Diego in the last two months.
The real estate platform's inaugural fund vehicle includes primary commitments of $245.7 million and co-investments of $67 million.