One developer is betting big on BNSF Railway’s Kansas City logistics park. NorthPoint Development this week announced the construction of a 822,104-square-foot speculative building at the park.
Industrial Real Estate
Industrial Real Estate
News & Analysis
06 May 2015
28 Apr 2015
“We’re seeing a gravitational pull toward railroad-related developments … [what has been] happening at the West Coast ports has been accentuating that even more,” says NAI Global Logistics’ Director Adam Roth. At TPM 2015, Roth comments on increased pressure on intermodal, evolving needs of the shipping community and expected changes to industrial real estate strategies as a result of this year’s labor disruptions at West Coast ports and to combat the driver shortages.
27 Apr 2015
Available warehousing and distribution space is getting harder to find and more expensive as demand outpaces construction, according to Jones Lang LaSalle.
31 Mar 2015
Development of Panama Pacifico, a master-planned community located on the former U.S. Howard Air Force Base near the canal, offers more than 516,000 square feet of expansions and new development projects, and the site has more than 365,000 square feet of available Class A office space, allowing for long-term growth opportunities.
17 Mar 2015
Canadian National Railway on Tuesday announced plans to build a $196 million intermodal and logistics hub outside of Toronto as its existing terminal serving Canada’s largest urban center nears capacity and regional freight demand builds.
26 Feb 2015
Singapore-based Global Logistic Properties Limited (GLP) has completed the acquisition of one of the largest logistics platforms in the U.S. for $8.1 billion.
13 Feb 2015
After attracting only one tenants — a government agency— in roughly eight years, a former U.S. Air Force base turned logistics park in the Kansas City area has announced three new shipper tenants in a span of five months.
03 Feb 2015
Main drivers of industrial real estate — cargo volumes at seaports, rail freight volumes, gains in gross domestic product, increasing retail sales and a gradually improving housing market — all indicate net positive absorption will continue.
28 Jan 2015
A scarce supply of industrial land will continue to push up warehouse rentals in Hong Kong, keeping landlords in the pound seats while ramping up operating costs for third party logistics providers.
27 Jan 2015
Demand for U.S. industrial property will remain strong for at least the next 24 months even though the market for manufacturing and distribution facilities has experienced four years of continuous growth, according to the latest U.S. Industrial Outlook published this week by CBRE Research.