Industrial Real Estate News

Journal of Commerce provides industrial real estate news and analysis, including industrial real estate projects, real estate supply chain, real estate logistics, distribution centers, cross-dock facilities, expansion, absorption, pricing, categories and strategies.

The latest Industrial Real Estate News & Analysis

Lowe's Closes 20 Stores, Curbs Expansion Plans

Mark Szakonyi, Daily Content Editor |
Home improvement retailer Lowe&rsquo;s is closing 20 underperforming stores in 15 states and cutting its plan to open up new stores after lowering its <a href="http://www.joc.com/supply-chain-manageme
Industrial Real Estate News

Gap to Shrink US Retail Network, Expand Overseas

William B. Cassidy, Senior Editor |
Clothing retail giant Gap will close more than 100 of its Gap stores in North America as it expands overseas and increases online sales, the company said Thursday.<br /> <br />
Industrial Real Estate News

Kuehne + Nagel Opens Colombian Facility

Mark Szakonyi, Daily Content Editor |
Kuehne + Nagel&rsquo;s new 32,808-square-foot logistics and distribution center at Colombia&rsquo;s Port of Cartagena positions the Swiss forwarder for growing trade generated by the <a href="http://w
Industrial Real Estate NewsMaritime

Kuehne + Nagel Acquires German Logistics Firm

Peter T. Leach, Senior Editor |
Kuehne + Nagel entered into an agreement to acquire Carl Drude, a logistics provider in the center of Germany, for an undisclosed sum. <br /> <br />
Industrial Real Estate News

Warehouse Growth Thaws

Stephanie Nall |
The refrigerated warehouse industry, like the rest of the cold chain, came through the recession without the dramatic drops in business seen in the rest of the global economy, and recovered lost busin
Industrial Real Estate NewsCool Cargo News

Hershey, Ferrero Sign Supply Chain Pact

William B. Cassidy, Senior Editor |
Two of the world&rsquo;s largest candy makers say they will work together to sweeten their supply chains and reduce their carbon footprint in North America.<br /> <br />
Industrial Real Estate NewsTrucking News

Survey Says Logistics CEOs Bullish About Future, Asia

Peter T. Leach, Senior Editor |
The CEOs of most logistics providers are bullish about the financial prospects of their companies over the next one and three-year periods and are most optimistic about business in Asia, according to
Industrial Real Estate News

Kerry Logistics To Open Singapore Hub Late 2012

Mike King |
The opening of Kerry&nbsp;Logistics' <a href="http://www.kerrylogistics.com/htdocs/press/news_20111003_hub_en.html" target="_blank"><u>regional hub</u></a> in Singapore in the fourth quarter of 2012 w
Industrial Real Estate News

Martin-Brower Expands Global Distribution Network

William B. Cassidy |
Food logistics giant Martin-Brower is acquiring the distribution assets of Keystone Foods, adding distribution centers in the U.S., Europe, the Middle East and Asia.<br /> <br />
Industrial Real Estate News

Wholesale Inventories Rise, Sales Flat

Joseph Bonney |
Wholesale business inventories rose for a 19th consecutive month in July while sales were flat, the Commerce Department said, increasing concerns that companies may cut back on restocking.<br />
Industrial Real Estate News

California Lawmakers Lukewarm to Amazon Offer

Mark Szakonyi |
California&rsquo;s top lawmakers appear lukewarm to Amazon.com's offer to hire 7,000 workers and build at least two giant distribution centers in exchange for the state holding off on collecting sales
Industrial Real Estate News

Transport Work Force Shrinks Slightly

John D. Boyd |
The transportation and warehousing sector shed 2,400 jobs in August, for a drop of 0.06 percent from July, as larger drops in air and trucking employment offset mild gains in rail, water and warehouse
Industrial Real Estate News

Globe Express Expands in Miami, China

Mark Szakonyi |
Globe Express Services opened an 110,000-square-foot facility in Miami and added two offices in China, as the freight forwarder works to expand its stations to 50 from 42 by the end of 2011.<br />
Industrial Real Estate News

Penske Logistics Wins Major Brazil Contract

Peter T. Leach |
Penske Logistics will handle the Brazilian distribution of LG Electronics products that are produced in the country and imported from South Korea. <br /> <br />
Industrial Real Estate News

Kerry Expands Vietnam Distribution Network

Mike King |
Kerry Logistics will open a 32,808-square-foot logistics center in northern Vietnam in November, as the company completes its warehouse network in the <a href="http://www.joc.com/logistics-economy/vie
Industrial Real Estate News

ProLogis Sells 13 Warehouses to Clarion

JOC Staff |
Logistics real estate provider ProLogis, adjusting its holdings after merging with AMB Property, says it will sell 13 warehouse properties across the United States to Clarion Partners for $118 million
Industrial Real Estate News

Kerry Opens China Auto Logistics Center

Joseph Bonney |
Hong Kong-based Kerry Logistics opened a 215,000-square-foot logistics center in Hefei, China, for the growing automotive industry in Anhui Province, west of Shanghai in central China.<br /> <br />
Industrial Real Estate News

Rhenus Buys Wincanton Europe Operations

JOC Staff |
British contract logistics operator Wincanton will pull out of mainland Europe under an agreement to sell its business there to Germany&rsquo;s Rhenus for $107 million. <br /> <br />
Industrial Real Estate News

Saddle Creek Adds Chicago, Jacksonville Sites

JOC Staff |
Saddle Creek is adding facilities in Chicago and Jacksonville, Fla., expanding its <u><a href="http://www.joc.com/maritime/transport-transport-transport">network of contract logistics and distribution
Industrial Real Estate News

Vacancies Decline at Port-Area Warehouses

Joseph Bonney |
Vacancy rates for warehouses and distribution centers near U.S.
Industrial Real Estate NewsForwarding

US Factory Orders Dipped 0.8 Percent in June

Joseph Bonney |
Orders to U.S. factories fell 0.8 percent in June, according to the Commerce Department, indicating a slowdown in manufacturing, which has been one of the strongest engines of economic recovery.
Industrial Real Estate News

Liberty Property Enters Inland Port Chicago Market

Mark Szakonyi |
Liberty Property Trust gained first inland port access by buying 1.2 million square feet of warehouse and distribution space adjacent to BNSF Logistics Park-Chicago for $60 million. <br /> <br />
Industrial Real Estate News

Customer Location Central to DC Choices, Shippers Say

Bill Mongelluzzo |
Locating close to customers often is more important than tax and financial incentives in choosing distribution facilities, shippers told The Journal of Commerce Inland Ports conference in Chicago this
Industrial Real Estate News

From Restocking to Destocking?

Joseph Bonney |
Inventory restocking seems to be on summer vacation.
Industrial Real Estate News

Retailers' Balancing Act

Joseph Bonney |
In any economy, inventory management must strike a balance between costs and cutting into sales.<br /> <br />
Industrial Real Estate News

No Shelf Life for Taxes

David Biederman |
With the retailing sector already in the midst of a shaky recovery, the seismic shift to online sales is changing the retail distribution model.<br /> <br />
Industrial Real Estate NewsTransport, Trade, and Regulation News

Is Recovery Built to Last?

David Biederman |
Cautious optimism is turning into genuine belief as the industrial real estate sector finds itself in a long-awaited recovery mode. <br /> <br />
Industrial Real Estate News

Warehousing to Benefit From Canal Project, Report Says

Joseph Bonney |
The expanded Panama Canal and higher fuel costs will boost demand for U.S. warehouses and distribution centers, a new report says. <br /> <br />
Industrial Real Estate News

CEVA to Close Ohio Distribution Center

Joseph Bonney |
CEVA Logistics US said it will close a logistics center at West Chester, Ohio, following &ldquo;a very recent decision by Dell Computers to transfer operations from the facility to a new location.&rdq
Industrial Real Estate News

Crowley Warehouse Wins High-Security Designation

Joseph Bonney |
The State Department designated Crowley Maritime Corp.&rsquo;s Miami logistics warehouse as a Consolidated Receiving Point facility, allowing the company to act as a subcontractor for high-security lo
Industrial Real Estate NewsMaritimeTransport, Trade, and Regulation News

Amazon Threatens to Halt New Warehouse Plans

Dana L. Brundage |
A showdown between Amazon.com and state governments is spreading as the online retailer threatens to shutter more plans for distribution centers in disputes over demands that the company collect taxes
Industrial Real Estate News

Amazon to Build Eighth Distribution Center in China

JOC Staff |
Amazon.com plans to build its eighth logistics center in China this year, Chinese officials said Tuesday. <br /><br />
Industrial Real Estate News

Warehousing Emerges From Deep Freeze

David Biederman |
The U.S. warehousing sector is in the midst of a moderate recovery, but any sustained and substantive growth is unlikely until the broader economy recovers.<br /> <br />
Industrial Real Estate News

Warehousing Service Providers Directory

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<p><strong>A.N. DERINGER</strong><br /> 64 North Main Street, Saint Albans, VT 05478<br /> <strong>Contact:</strong> Andrew White, Marketing Analyst<br />
Industrial Real Estate News

Dayton Superior Adds Georgia Plant, Distribution Center

JOC Staff |
Construction products manufacturer Dayton Superior will place a manufacturing and distribution center in central Georgia to serve as its main point to ship goods to the southeast U.S. <br /> <br />
Industrial Real Estate News

Rx for Secure Warehouses

Joseph Bonney |
The stunning theft of up to $75 million worth of pharmaceuticals from an Eli Lilly warehouse this month has other companies wondering: Could it happen to us?<br /> <br />
Industrial Real Estate News

Cold Storage Space Grows 5 Percent

Stephanie Nall |
The proof is in the numbers.
Industrial Real Estate News

Pharmaceuticals’ Strong Immune System

Ina Paiva Cordle |
It’s a simple fact of life: People get sick. So when economies take ill worldwide, the one area consumers won’t skimp on is their own health.
Industrial Real Estate NewsTrucking NewsAir CargoAir Cargo Forwarder News

NYK Logistics Names U.S. Warehouse Chief

Peter T. Leach |
NYK Logistics (Americas) named James Armstrong to the position of senior vice president and general manager of the company's Warehouse Division.<br /> <br />
Industrial Real Estate NewsMaritime