Aventura Mall Venture, an affiliate owned by Turnberry Associates and Simon Properties, secured the financing provided by JPMorgan Chase Bank, Wells Fargo Bank, Deutsche Bank and Morgan Stanley Bank.

Xebec's approach in Lakeland is a regional distribution strategy, which complements its focus on intermodal logistics, along with its national plan to grow its Texas asset base for long-distance transport.

Keeping with the Port of Long Beach's major modernization efforts, Toyota Logistics Services submits a draft study to reconfigure its terminal.

Commercial construction totaled $23.8 billion between 2013 and 2017, yielding a total of more than 73 million new square feet of space. The last three years showed the strongest growth, with each year topping $5 billion and 16 million square feet of new commercial construction.