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In advance of Lunar New Year, when cargo volumes typically stall, the Port of Long Beach saw only a slight decrease over last year's record-breaking cargo numbers.
With the passing of one partner, Rubenstein determined that since cap rates for sales are attractive, and warehouse and logistical center property is in demand, it was a good time to sell, says Mandelbaum Salsburg attorney Owen Hughes.
Dallas will play a key role in the ramp-up phase as one of the fastest-growing cities in the US, thus requiring more data centers to cater to last-mile delivery closer to customers.
The company plans to establish a new launch and manufacturing facility that will give Firefly the capability to locally manufacture, test and launch rockets delivering commercial payloads.
i+iconUSA has more than 70 years of heavy construction experience in Pennsylvania, Maryland, Virginia and Florida, specializing in the transportation, ports and waterways and industrial markets.
Construction of 23 big box buildings totaling 10.2 million square feet was completed during 2018, with 16 projects totaling 6.9 million square feet built on a speculative basis.