Industrial real estate

News and analysis of industrial real estate projects, distribution centers, cross-dock facilities, expansion, absorption, pricing, categories, strategies

The latest Industrial real estate News & Analysis

Logistics providers stake claim in potential-laden ‘end-to-end‘ space

Eric Johnson, Senior Technology Editor, and Teri Errico Griffis, Associate Editor | Sep 13, 2023, 2:46 PM EDT

It’s an open question whether shippers want end-to-end supply chain services from a single provider, but that hasn’t stopped names such as Amazon, Maersk and Flexport from building integrated solutions.
Supply ChainIndustrial real estate

US cold storage supply struggling with costs, aging facilities amid high demand

Teri Errico Griffis, Associate Editor | Sep 11, 2023, 9:00 AM EDT

Investors aren’t lining up to sink money into aging facilities, given that warehouses built in the last 20 to 40 years require nearly 50% more energy consumption and double the maintenance costs than newbuilds.
Industrial real estateNorth American portsCool Cargoes

CEVA expands India footprint with contract logistics takeover

Greg Knowler, Senior Editor Europe | Aug 21, 2023, 9:57 AM EDT

The CMA CGM subsidiary’s latest acquisition will significantly increase its presence in South Asia that is growing in importance as supply chain routes shift across the region.
Supply ChainForwardingIndustrial real estateLast mileCool Cargoes

US warehouse vacancies rose in Q2, but market still ‘healthy’

Teri Errico Griffis, Associate Editor | Jul 20, 2023, 1:42 PM EDT

Vacancies are expected to continue rising into 2024 as construction of new warehouses near completion and outpace demand.
Industrial real estateSupply Chain

DHL to invest $551 million to expand presence in Latin America

Teri Errico Griffis, Associate Editor | Jul 13, 2023, 9:42 AM EDT

DHL will spend hundreds of millions of dollars in the region over the next five years as the company targets customers looking to globalize their business and diversify sourcing.
Supply ChainSurfaceTruckingIndustrial real estate

South Korean entities to develop Chicago, New Jersey transloading facilities

Teri Errico Griffis, Associate Editor | Jun 29, 2023, 9:00 AM EDT

The locations were chosen based on their proximity to key rail, airport and port facilities, the partners said.
Industrial real estateContainer shippingTrans-PacificAir CargoSupply Chain

US importers still destocking, and delaying restocking in uncertain economy

William B. Cassidy, Senior Editor | Jun 7, 2023, 10:52 AM EDT

US consumers are still spending, but at a slower rate, and that’s pushing major restocking of goods further toward the back half of 2023, analysts and retailers say.
Supply ChainContainer shippingNorth American portsTruckingIndustrial real estate

China to remain top for logistics investment despite regional sourcing shift

Keith Wallis, Special Correspondent | May 5, 2023, 2:30 PM EDT

Logistics and industrial investment in the Asia-Pacific region was estimated at about $50 billion last year, down from a record $72 billion in 2021.
Transport, trade and regulationInternational portsIndustrial real estate

US warehouse vacancy rose in first quarter as demand waned

Michael Angell, Associate Editor | May 4, 2023, 2:19 PM EDT

CBRE’s latest figures on industrial real estate demand show the supply of new and existing warehouses grew faster than tenant demand, with vacancy spikes expected through 2023.
Industrial real estateContainer shippingNorth American ports

DHL Express plans US physical expansion, including delayed new hub

William B. Cassidy, Senior Editor | May 1, 2023, 8:00 AM EDT

International air express carrier DHL is building out its US footprint to gain greater density and reach in its largest market, its CEO for the Americas says.
Supply ChainTruckingAir cargo carriersIndustrial real estate

JOC Rankings: MSC, Maersk top two carriers in Gulf Coast in 2022

Michael Angell, Associate Editor | Apr 14, 2023, 11:20 AM EDT

Although the two carriers are partners in the 2M Alliance, it was the addition of extra capacity in their standalone services that led them to handle a combined 40 percent of the cargo coming into the Gulf Coast last year.
Container linesContainer shippingNorth American portsIndustrial real estate

Growing warehouse vacancies near NY-NJ not sign of weak market: analysts

Michael Angell, Associate Editor | Apr 6, 2023, 10:15 AM EDT

The warehouse market near the Port of New York and New Jersey is seeing some tenants leave and new space becoming available, but that’s not a sign of a significant drop in demand, observers say.
Industrial real estateContainer shippingNorth American ports

US transport providers lose fewer jobs than expected in January

William B. Cassidy, Senior Editor | Feb 3, 2023, 2:44 PM EST

Courier, trucking, and warehousing firms lost workers last month, but the seasonal surge and purge was more muted than expected, reflecting broader labor market resilience.
SurfaceTrucking laborIndustrial real estate

US inventory drawdown key to trans-Pacific volume recovery: analyst

Jason Miller, associate professor of logistics at Michigan State University, and JOC analyst | Jan 23, 2023, 2:42 PM EST

While there are encouraging signs regarding general merchandise retailers seeing their inventories-to-sales return toward pre-COVID levels, data suggests many sectors have a long way to go before their inventories-to-sales come back to pre-pandemic levels.
Supply ChainContainer shippingTrans-PacificIndustrial real estate

Tight supply to keep warehousing costs rising despite slower freight growth

William B. Cassidy, Senior Editor | Jan 9, 2023, 3:00 PM EST

The rapid expansion of US industrial real estate is expected to slow in 2023 as warehouses are completed, capital costs rise, and the US economy slows, but capacity isn’t going to suddenly flood the market.
Industrial real estate

Developers warn that US warehousing constraints will get tighter

William Cassidy, Senior Editor | Dec 30, 2022, 9:10 AM EST

Warehousing capacity in the US is predicted to get tighter as 2023 progresses despite the substantial number of distribution and warehousing construction projects under way and efforts to reduce inventories.
Supply ChainIndustrial real estate

Bargain shoppers accelerate US retail inventory shift

William B. Cassidy, Senior Editor, and Cathy Morrow Roberson, JOC analyst | Dec 15, 2022, 3:41 PM EST

As inflation-battered consumers shop for bargains, US retail discounters are expanding their distribution networks.
Industrial real estate

US warehousing supply gap could emerge by late 2023: Prologis

Teri Errico Griffis, Associate Editor | Oct 21, 2022, 2:34 PM EDT

The industrial warehouse market in the US has enough supply to last through the next year, but logistics developer Prologis cautions there could be an emerging gap in capacity starting as soon as late next year.
Industrial real estate

Lineage Logistics expands with new business line, storage facility in Savannah

Teri Errico Griffis, Associate Editor | Oct 12, 2022, 1:56 PM EDT

Lineage Logistics’ new business line and planned facility in Savannah builds on recent acquisitions the company has made amid an uptick in reefer storage demand.
Industrial real estate

No recession for US warehouse demand: JOC Inland speakers

William B. Cassidy, Senior Editor | Sep 30, 2022, 11:33 AM EDT

Despite predictions that the US economy is headed for a recession, warehousing demand keeps mounting as different streams of goods fill available space, experts told the JOC Inland Distribution Conference.
Industrial real estate

US shippers fine-tune search for warehousing space

William B. Cassidy, Senior Editor | Sep 2, 2022, 12:33 PM EDT

With US warehouses full or filling up, shippers are rethinking broader distribution strategies and basic practices such as how they stack and track goods to find the space they need.
Industrial real estateTrucking

US warehousing demand shifting inland: JLL

William B. Cassidy, Senior Editor | Aug 16, 2022, 2:27 PM EDT

Inventory buildup and changing inland distribution routes are setting a fire under construction of new logistics and distribution facilities in markets across the US, despite economic concerns.
Industrial real estateTrucking

Maersk picks NJ for fourth cold-storage warehouse

Michael Angell, Associate Editor | Jun 6, 2022, 3:55 PM EDT

Maersk’s Performance Team subsidiary said it will open its fourth US cold-storage warehouse near the Port of New York and New Jersey as it seeks to add refrigerated cargo handling to its growing suite of integrated logistics services.
Industrial real estate

Lineage buys cold storage near East, Gulf coast ports

Michael Angell, Associate Editor | Mar 9, 2022, 5:23 PM EST

Lineage Logistics is acquiring MTC Logistics, a cold storage operator with warehouses at the ports of Baltimore, Wilmington, Delaware, and Mobile.
Cool CargoesIndustrial real estate

US East Coast e-commerce network growth fuels imports

Michael Angell, Associate Editor | Jan 28, 2022, 2:35 PM EST

Amazon and third-party logistics providers are busy adding distribution capacity in the eastern half of the US to take advantage of more ocean services into East Coast ports.
Industrial real estate

Outlook 2022: Unrelenting US logistics real estate demand to continue through 2022

Michael Angell, Associate Editor | Dec 28, 2021, 9:55 AM EST

US industrial real estate markets set records in 2021 for leasing activity, low vacancy rates, rental rate growth, and new construction permits, and shippers looking for warehousing and distribution space should expect more of the same in the coming year.
Supply ChainIndustrial real estate

Retailers expand East Coast warehousing for West Coast relief

Michael Angell, Associate Editor | Oct 8, 2021, 8:00 AM EDT

Brick-and-mortar and online retailers are growing their warehousing footprint near ports as a method to more quickly receive and handle ocean freight, and further their e-commerce goals.
Industrial real estate

Warehouse woes driven by labor shortage, not capacity scarcity: economist

Bill Mongelluzzo, Senior Editor | Oct 7, 2021, 11:40 AM EDT

Warehouses at seaports and inland hubs are filled to capacity as operators find they must pay workers more competitive wages and benefits to attract the labor they need to handle peak season volumes.
Industrial real estate

US importers squeezed for warehousing at ports, inland hubs

Bill Mongelluzzo, Senior Editor | Aug 10, 2021, 3:54 PM EDT

Near record-low vacancy rates at distribution warehouses throughout the US sound the alarm that shippers seeking additional logistics space for the peak season may be out of luck.
Industrial real estate

8VC, Lineage partner to infuse tech into cold storage giant

Eric Johnson, Senior Technology Editor | Jul 15, 2021, 9:53 AM EDT

Supply chain-focused venture capital firm 8VC has partnered with the largest provider of cold storage facilities globally to fast-track the company’s technology development and adoption.
Logistics technologyIndustrial real estate

US warehouse development shifting from e-commerce back to import logistics

Bill Mongelluzzo, Senior Editor | May 18, 2021, 4:56 PM EDT

After 10 consecutive months of record or near-record import volumes, and seaport-dependent supply chains struggling with congestion, developers this year are focusing on traditional warehouse and import distribution space.
Industrial real estate

New warehousing blooming across Savannah

Ari Ashe, Senior Editor | Jun 26, 2020, 3:01 PM EDT

With phase 1 of the Georgia International Trade Park now complete and a new headquarters for Port City Logistics being built a few miles from the trade park, the Savannah area is adding new warehousing and distribution capacity at a time when space is especially tight.
Industrial real estate

COVID-19 sparks fresh investment in Asia warehouse capacity

Keith Wallis, Special Correspondent | Jun 19, 2020, 12:07 PM EDT

Demand for distribution centers and warehouses in Asia is set to climb as firms reappraise supply chains, increase inventories, and diversify into other countries after the disruption caused by the global COVID-19 pandemic.
Industrial real estate

2020 JOC Warehousing Service Providers Directory

JOC Staff | Apr 20, 2020, 6:10 AM EDT

Each year JOC publishes a directory of nearly 200 warehousing service providers across the United States to help beneficial cargo owners and transportation providers find warehousing capacity as needed.
Industrial real estate

US fashion footwear freight slows to a halt

Ari Ashe, Senior Editor | Mar 19, 2020, 2:51 PM EDT

While truck activity is rampant for essential goods, US fashion footwear freight movement is slowing to a halt as department stores shut down, according to supply chain executives.
Industrial real estate

Maersk acquisition deepens North American warehouse reach

Eric Johnson, Senior Technology Editor | Feb 19, 2020, 1:05 PM EST

Maersk is more than doubling its warehousing and distribution assets in North America through an acquisition that serves as another signal of its commitment to transition from container line to integrator.
Industrial real estateContainer lines

Texas inland port to offer rail link to Mexican manufacturers

Hugh R. Morley, Senior Editor | Feb 19, 2020, 7:00 AM EST

The developer of a Texas industrial park scheduled to open in early 2021 says it will work with Kansas City Southern of Mexico to offer a shorter, cheaper way for Mexican manufacturers to ship goods to Houston and other Texas markets.
International railIndustrial real estate

ARO 2020: US warehouse lease rates set to keep rising

Bill Mongelluzzo, Senior Editor | Dec 30, 2019, 1:28 PM EST

With the US-China trade war still unresolved and demand growth waning, developers in 2020 will be more cautious in bringing new logistics space online than they have been during the boom times of the past six years.
Industrial real estate

NY-NJ faces cold storage space scarcity

Hugh R. Morley, Senior Editor | Nov 18, 2019, 4:12 PM EST

Shippers and logistics providers are finding it difficult to secure refrigerated warehousing around the Port of New York and New Jersey as consumer demand for food and perishables sold via e-commerce increases.
Industrial real estate

New space won’t reverse climb in US warehouse rents: report

Bill Mongelluzzo, Senior Editor | Oct 24, 2019, 12:23 PM EDT

New warehouse and distribution space in Q3 2019 exceeded demand for the first time in nine years, and the excess supply will slow the pace of growth in rents and absorption of new space into 2020, according to Cushman & Wakefield.
Industrial real estate