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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.
A $3B expansion will put e-commerce delivery hubs in suburban stores, and add small-footprint outlets in city centers.
Higher rates will impact levered IRRs.
Singapore's largest REIT acquired 7 industrial properties in the Chicago area for $99M.
Using a new metric called True Months of Supply, Prologis adjusts its IBI Index to factor in pipeline leasing activity.
The 196,647-square-foot property is occupied by Quantum Scape as a battery development facility.
The firm has acquired an 11.5 acre site and received city council approval for the two-story project in the city's Goose Island neighborhood.
Prologis ups rent-growth forecast after factoring in inflation and construction delays.
In partnership with a CBRE Investment Management separate account client, the firm is building a 116,000-square-foot life science property.
The firm has purchased a single-tenant, build-to-suit industrial asset within the New Orleans metropolitan area.
"We believe the latest offer, virtually unchanged from its prior proposals, is insufficient," the REIT said.