Industrial

Cargo Volumes Fall Again in November

Kelsi Maree Borland |

After a strong October, cargo volumes at the Port of Long Beach are down 3.5% due to tariffs.

CIP Real Estate Secures $300M in Growth Capital

Kelsi Maree Borland |

A fund managed by Almanac Realty Investors has agreed to provide $300 million to accelerate CIP’s value-add investment strategy.

News

Starwood RE Income Trust Adds 4.1M SF Midwest Industrial Portfolio

John Jordan |

The portfolio consists of primarily Class A properties in Chicago (43%), Indianapolis, (33%), Columbus (16%) and Milwaukee (8%). The “Midwest Industrial Portfolio” is currently 98% leased to 50 tenants and has maintained an average occupancy of just under 95% over the last 10 years.

Features

Niche Sector Unlocks Trapped Value in Risky Properties

Lisa Brown |

Savills Surplus Property Consulting Services advises investors on divestment strategies and best practices for monetizing assets and mitigating risk on compromised real estate at a single site or in a portfolio.

News

First Logistics Inks Major Expansion at Marina Crossings

John Jordan |

The firm, which signed a lease for more than 331,000 square feet in January 2019, inked a lease expansion for 108,343 square feet at the recently completed development at 2075 W. 43rd St.

News

Colony Closes $5.7B Industrial Portfolio Deal with Blackstone

Kelsi Maree Borland |

Blackstone Real Estate Partners IX acquired the portfolio, which included 60 million square feet of last-mile, infill light industrial assets.

Features

Industrial Mega-Development Can Accommodate Multiple Users

Lisa Brown |

Ella West Crossing will total 221,393 square feet with cross-dock or front-load lease configuration options that can accommodate users with space requirements ranging from 40,000 to 221,393 square feet.

News

Plymouth Industrial REIT Expands Indianapolis Portfolio with $62M Buy

John Jordan |

The deal involves the purchase of the nine-building Shadeland Commerce Center that totals 1.7 million square feet as well as a 353,000-square-foot building.

Features

165 Acres in Lakeland Slotted for Logistics Park

John McCurry |

Brennan Investment Group will begin development of 1 million square feet of space at CenterState Logistics Park East within the month.

News

Likelihood of Destination Maternity’s Shutdown Advances with Stalking Horse Bidder Deal

John Jordan |

With the acquisition, Marquee Brands will diversify its women’s fashion division and add scale to its directly managed e-commerce platform. Marquee Brands currently operates across women’s fashion, men’s fashion, active & outdoor and home & food divisions.