The executive director of the Queens Economic Development Corporation in an EXCLUSIVE GlobeSt.com interview previews the RealShare New York session on urban logistics facilities.

Demand has focused on large-box industrial product, but the stability of the economy is now fueling the expansion of smaller companies in need of smaller industrial spaces.

The deal marks the Washington, DC-based REIT's second investment in Boston following its recent announcement of joining with National Real Estate Advisors and HYM Investment Group to own and develop One Congress, a 1-million-square-foot trophy office tower in Downtown Boston.