Industrial

Industrial Drives PGIM Real Estate Finance Lending

Erika Morphy | August 15, 2018

Core-plus financing and multifamily lending will also be areas of focus for the division.

News

First Industrial Realty Begins First Park 121 Project in Northwest Dallas

John Jordan | August 15, 2018

First Industrial will break ground this month on phase one of the park involving two rear-load facilities of 219,808 and 125,267 square feet, respectively.

News

Will Brooklyn Be the Next SoHo?

Betsy Kim | August 15, 2018

In a continuing trend, more artists’ studios gravitate to Greenpoint, Brooklyn.

Analysis

How Does SoCal Industrial Stack Up?

Kelsi Maree Borland | August 15, 2018

All of the industrial markets in Southern California are seeing record occupancy rates and rental rates, but the market drivers are very different.

E-Commerce Companies Headed to Mid-America

Brian J. Rogal | August 15, 2018

Kansas City has become one of the go-to places for e-commerce retailers, and companies are filling up new spec developments almost as fast as builders can put up walls.

News

Global Net Lease Spends $75M for Properties in Texas, Ohio

John Jordan | August 14, 2018

The latest purchase deals bring the REIT’s acquisitions so far this year to $236.4 million.

News

Design Within Reach Signs 618,000 SF Industrial Build-to-Suit Deal

John Jordan | August 14, 2018

The facility, being built on a 46-acre site, will replace two existing warehouses in Hebron, KY, which DWR has outgrown.

News

Public Storage Expands Presence in Minneapolis Region

John Jordan | August 14, 2018

The new Minneapolis-area Public Storage locations are located across the Twin Cities’ metro area, from Downtown Minneapolis to the nearby suburbs of Lakeville, Edina, New Hope, Bloomington, and to the City of Hutchinson.

New Developments Aimed to Meet Jacksonville’s Industrial Demand

David Wilkening | August 14, 2018

A sale and two announced projects show growing interest in an underserved market.

News

How Much Larger and Faster Can Same-Day Deliveries Go?

Betsy Kim | August 14, 2018

Andrew Chung, CEO of Innovo Property Group, in a GlobeSt.com interview explains why his company’s $75 million, 700,000 square-foot Bronx logistics property is ahead of the curve.

News

Automotive Tool Firm Takes 86K SF Industrial Lease in Somerset, NJ

Steve Lubetkin | August 14, 2018

ISN has transitioned from a subtenant to occupy the entire property.

How Are Developer’s Handling Phoenix’s Industrial Boom?

Kelsi Maree Borland | August 13, 2018

Strong user demand has driven construction activity, but it might also start to drive land and construction costs up.

Chicago's Class B Industrials Get National Attention

Brian J. Rogal | August 13, 2018

Many investors work extra hard to find properties that provide higher yields, and Chicago-area properties tend to land at the top of their wish lists.

Is the Market Absorbing New Industrial Construction?

Kelsi Maree Borland | August 13, 2018

Leasing activity surged in the second quarter—rebounding from a slow first quarter—but the vacancy rate still increased, nearing 5%.

News

Terminal Stores' $900M Sale: A Perfect Storm

Betsy Kim | August 13, 2018

The director of research, New York at JLL, says L&L and Normandy’s acquisition reflects the insatiable demand for this type of product in Midtown South.

All of the Easy Industrial Sites Are Gone

Kelsi Maree Borland | August 13, 2018

With limited developable land and a critical need for more industrial space, industrial developers are getting used to building on difficult sites.

Chicago-Area Buyers Rewarded With Higher Yields

Brian J. Rogal | August 13, 2018

Especially valuable are buildings near dense populations, diverse labor pools and major thoroughfares.

News

Dr. Praeger's Leases Rare Freezer Space In Edison

Steve Lubetkin | August 10, 2018

The fully racked freezer space at 180 Raritan offers temperatures as low as -20 degrees, which CBRE senior vice president Lou Belfer says is a unique feature in the market.

Investors Targeting New Asset Class

Brian J. Rogal | August 10, 2018

The barriers to entry for industrial service facilities are quite high, and the vacancy rate in major markets is less than 3.0%

Gramercy Property Shareholders Approve $7.6B Blackstone Deal

Erika Morphy | August 09, 2018

NEW YORK CITY--Gramercy Property Trust shareholders have approved its $7.6 billion acquisition by Blackstone Real Estate Partners VIII at its special meeting of shareholders held earlier today.

The Jacksonville Market Needs More Industrial

David Wilkening | August 09, 2018

Despite high demand and historically low vacancy rates, building continues to fall behind demand.

SoCal Is Dominating the Life Science Sector

Kelsi Maree Borland | August 09, 2018

San Diego may have the reputation for a stellar life science market, but life science activity is up throughout Southern California.

News

Adaptive Reuse Becomes Key Product Category

Lisa Brown | August 08, 2018

In this EXCLUSIVE, CCIM’s Conway discusses assessing communities’ needs for reuse especially in areas with land scarcity in conjunction with his report, “Adaptive Reuse: Turning Blight into Bright”.

News

Sitex Adds 83K SF Moonachie, NJ Warehouse to Portfolio

Steve Lubetkin | August 08, 2018

Sitex will renovate the property’s interior and exterior – as it has dozens of other properties in the area – improving functionality and aesthetics to appeal to corporate occupiers.

Manufacturing Is Booming—South of the Border

Kelsi Maree Borland | August 07, 2018

Mexico’s availability of skilled labor and lower wages are attracting manufacturers to head south.

Industrial a Top Choice for Foreign Buyers

Brian J. Rogal | August 06, 2018

Years of investment activity means that available supply is low, and cities like Columbus and Memphis are seeing benefits.

Industrial Pricing Is Eclipsing SW Florida's Office Market

David Wilkening | August 06, 2018

Limited inventory and high demand is pushing industrial flex prices in Southwest Florida.

News

Lincoln Property Sells Office/Industrial Flex in Doraville

Steve Lubetkin | August 06, 2018

“The building offers a great mix of office and warehouse space and presented an excellent opportunity for this buyer,” says Jeff Henson of Lincoln Property.

Needham Ranch Finally Breaks Ground

Kelsi Maree Borland | August 06, 2018

The long awaited project, first conceived in 2000, will being nearly 1 million square feet of much needed industrial space to the Greater L.A. market.

News

Investors Gain Confidence in NW Houston Industrial

Lisa Brown | August 05, 2018

Investors find strength in the northwest Houston submarket as it continues to become more in-fill and with very limited flex product built this cycle, buyers have the ability to underwrite future rent growth.

Industrial Owners Will Take Credit Over Rent

Kelsi Maree Borland | August 03, 2018

With the limited industrial supply, owners are opting for quality credit tenants over top rental rates.

News

Crowley Maritime Expands, Consolidates to Flagler Station Space

John Jordan | August 02, 2018

Crowley inked a long-term lease extension and expansion totaling 179,672 square feet to completely occupy a building in Flagler Station Phase II.

News

City Seeks Proposals for TV-Film Production Campus in Brooklyn

John Jordan | August 02, 2018

The RFP seeks proposals to develop and operate a best-in-class production facility campus for film and television production, video and photo shoots, sound-recording and emerging media sectors.

News Thought Leadership

Colliers NJ Names Avison Young Exec to Replace Simon as EMD

Steve Lubetkin | August 02, 2018

"With Dennis, we are getting a seasoned real estate executive with decades of experience in managing brokerage firms, specifically within the New Jersey market,” says David Amsterdam, Colliers president - investments, leasing and eastern region.

Colony Industrial Buys Trade Drive Portfolio

Adele Carter | August 01, 2018

“Las Vegas is an attractive market for us as we expand our platform of last-mile, industrial logistics properties."

Small-Box Industrial Users Face the Biggest Supply Challenges

Kelsi Maree Borland | August 01, 2018

With much of the industrial market catering to ecommerce users, owner/users in need of sub 50,000 square feet are seeing the biggest challenges.

News

Camber and Advance Acquire Industrial Portfolio in Allendale

Steve Lubetkin | August 01, 2018

Alexander Cocoziello of Advance Realty says his firm and partner Camber plan to hold the properties as a long-term investment.

News

Federated Refinances Florida Industrial Portfolio

John Jordan | August 01, 2018

HFF officials state that the six-property portfolio is 100% leased on a triple-net basis.

Ecommerce Users Plant Roots in Phoenix’s Southwest Valley

Kelsi Maree Borland | July 31, 2018

Ecommerce accounts for 39% of all lease transactions, and the Southwest Valley is getting a bulk of the leasing and new development activity.

Thought Leadership

Discount Online Shopping Days Helping Fuel Expansion

Brian J. Rogal | July 31, 2018

Last year's Amazon Prime Day brought $2.4 billion in sales, a roughly 60% boost over the previous year.

Industrial Users Increasingly Look to Cincinnati

Brian J. Rogal | July 31, 2018

The metro area provides access to both the Midwest and New York.

Industrial Renewals Drive Leasing Volume

Kelsi Maree Borland | July 30, 2018

Industrial lease renewals dominated leasing activity in the second quarter as limited space has left few relocation options.

News

NAIOP Panelists: Regulatory Changes, Court Actions Reshaping Development

Steve Lubetkin | July 30, 2018

Jeffrey J. Milanaik of Bridge Development, NJ DEP Commissioner Catherine McCabe, and NAIOP NJ CEO Michael McGuinness were among speakers addressing the changes.

News

Mega-Sites Lead Next Industrial Revolution Phase

Lisa Brown | July 29, 2018

The new wave of retail, driven by e-commerce, requires just-in-time delivery and consumer demand inventory, which has businesses rethinking supply chains to accommodate these criteria.

News

Port Cargo This Year Sets New Record

John Jordan | July 27, 2018

The cargo volume increase was fueled by a 7.8% rise in loaded import containers, primarily carrying commodities such as furniture, appliances and beverages.

News

Duke Realty Expands South Florida Industrial Portfolio

John Jordan | July 27, 2018

HFF announced today Duke Realty’s purchase of the property from Flagler Global Logistics of Miami.

JLL’s Michael Corso Joins C&W To Lead Industrial Asset Services

Erika Morphy | July 27, 2018

He will be the firm’s managing director, leading its Industrial Asset Services teams in the Mid-Atlantic.

Industrial Vacancy Wans in Second Quarter

Kelsi Maree Borland | July 27, 2018

The vacancy rate fell 20 basis points in the second quarter as a result of new deliveries, but the slip isn’t an indicator of weak demand.

News Thought Leadership

Why Transwestern Chooses to Remain Private

Lisa Brown | July 27, 2018

In this EXCLUSIVE, Heard says Transwestern has no plans to go public in the future because it values the benefits of being a privately held firm and its partners have flourished under the ownership structure.

Thought Leadership

Young Residents and Diverse Economy Jolt Chicago Growth

Lisa Brown | July 27, 2018

In this EXCLUSIVE, Jim Carris shares his insights into Chicago’s business climate, North River Branch rezoning, notable downtown relocations including McDonald’s and if Amazon will choose Chicago.