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

US shippers shift warehouses, distribution centers closer to ports

Bill Mongelluzzo, Senior Editor |
<p>Despite paying higher rents and encountering especially low vacancy rates in US seaport cities and large inland cities, BCOs will continue to seek warehouse and distribution space in those high-cost locations, rather than secondary markets, decision makers told TPM 2018 conference attendees.&nbsp;</p>
Industrial Real Estate News

US warehousing in 2018: Tight supply, higher rent

Bill Mongelluzzo, Senior Editor |
Most warehouse/distribution sector indicators point to continued tight supply and rent increases of 5 to 6 percent in 2018, so BCOs should carefully plan their space needs.
Industrial Real Estate News

Lease rates rocket amid space crunch near Port NY-NJ

Hugh R. Morley, Senior Editor |
<p>Tension over the crunch has sparked a number of disputes in recent months.</p>
Industrial Real Estate News

CenterPoint bets on transloading with Oakland logistics hub site

Bill Mongelluzzo, Senior Editor |
The Port of Oakland Commission on Thursday is scheduled to take its second and final vote on the CenterPoint agreement.
North American portsIndustrial Real Estate News

CBRE: E-commerce’s warehousing impact will survive recession

Joseph Bonney, Senior Editor |
Consumers’ embrace of e-commerce appears to be permanent.
Industrial Real Estate NewsLogistics Technology News

Savannah seeks to expand e-commerce, intermodal rail

Joseph Bonney, Senior Editor |
During the last two decades, Georgia has encouraged development of import distribution centers that have attracted all-water services from Asia and made Savannah the second-largest US East Coast container port.
North American portsRail NewsIndustrial Real Estate News

US warehouse lease rate growth expected to decelerate

Hugh R. Morley, Senior Editor |
The twin drivers of a strong economy and the e-commerce boom have stoked demand.
Industrial Real Estate News

Warehouses a pinch point for US cotton export surge

Joseph Bonney |
Inland warehouses and trucking loom as a potential weak link in the supply chain of US cotton exporters preparing for their biggest harvest in years.
MaritimeContainer linesIndustrial Real Estate News

NY-NJ port importers flock to Lehigh Valley

Hugh R. Morley, Senior Editor |
US shippers are increasingly setting up warehouses and distribution centers in the Lehigh Valley, from which they are a 60- to 80-mile dray from the Port of New York and New Jersey.
Industrial Real Estate NewsRail News

Private equity makes $11.6 billion bid for GLP

Greg Knowler, Senior Europe Editor |
A consortium of Chinese investors has made an $11.6 billion offer for GLP, paying a huge premium for the Singapore-listed logistics property developer.
Industrial Real Estate News

US warehouse availability tightens further

Hugh R. Morley, Senior Editor |
The amount of available warehouse and distribution space in the United States hits a 16-year low.
Industrial Real Estate News

Industrial distributors fight to fend off e-commerce 'disruption'

William B. Cassidy, Senior Editor |
Online marketplaces and mobile apps are challenging decades-old business models for industrial distributors as use of e-commerce channels grows, a UPS survey finds.
Industrial Real Estate NewsTrucking News

US distribution and warehouse space scarcer and pricier

Bill Mongelluzzo, Senior Editor |
<p>With industrial inventory at record lows, BCOs and NVOs who seek&nbsp;distribution space must be ready to pay higher rents.&nbsp;</p>
Industrial Real Estate News

Amazon, CVS, Dollar Tree fuel Kansas City distribution boom

Reynolds Hutchins, Associate Editor |
The move to Kansas City is part of a national migration to the American heartland as retailers, wholesalers, and third-party logistics providers consolidate warehouses into larger, centralized, state-of-the-art facilities.
Industrial Real Estate News

Kansas City effort to help Amazon keep fulfillment center manned

Reynolds Hutchins, Associate Editor |
It’s the first time the community has responded this way to a new fulfillment center in what is already a major US inland logistics hub.
Industrial Real Estate News

US logistics demand accelerates warehouse absorption

Bill Mongelluzzo, Senior Editor |
Demand for warehouse and distribution space was unabated in the first quarter despite low vacancy rates and increasing rents.
Industrial Real Estate News

If you build a port-adjacent, three-story DC, will BCOs come?

Bill Mongelluzzo, Senior Editor |
Prologis says first US port-adjacent, multi-story distribution facility in Seattle could be followed by others in major port cities.
Industrial Real Estate News

2017 Warehousing Service Providers Directory

JOC Team |
<p>A directory of more than 150 warehousing service providers across the United States.</p>
Industrial Real Estate News

E-commerce restarts mega-warehouse building boom

Hugh R. Morley, Senior Editor |
The locations broadly reflect the scramble by e-tailers and support logistics industries to find warehouse space of all sizes.
Industrial Real Estate News

BNSF Kansas City logistics park adds big tenant

Reynolds Hutchins, Associate Editor |
A new tenant plans to build the largest-ever speculative building constructed in the area.
North-American railIndustrial Real Estate News

Chinese injects $300M into logistics property developer

Greg Knowler, Senior Europe Editor |
Investment continues to pour into the China logistics sector to support rapidly growing e-commerce and the demand for modern warehousing.
Industrial Real Estate News

US warehousing rate rises force shippers to contract fast

Bill Mongelluzzo, Senior Editor |
High demand for warehouse and distribution space means shippers must act quickly.
Industrial Real Estate News

US shippers forced to look inland for warehouse space

Bill Mongelluzzo, Senior Editor |
The bull run of the industrial real estate sector is expected to continue well into 2017 as importers and exporters seek quality sites for warehouses and distribution centers close to major seaports and inland hubs, but also in secondary markets.
Industrial Real Estate News

For some shippers, pool distribution becomes e-commerce solution

William B. Cassidy, Senior Editor |
Famous Footwear and other specialty retailers are turning to pool distribution to get more precise control over inventory and fulfillment.
Industrial Real Estate NewsTrucking NewsLTL

With new DC, PACCAR Parts speeds next-day shipping

William B. Cassidy, Senior Editor |
Next-day shipping isn't just for online retailers. The parts division of $19 billion heavy truck maker PACCAR designed its latest distribution center to speed delivery of aftermarket components to customers.
Industrial Real Estate NewsTrucking NewsLTL

Chinese automation expected to mitigate sourcing flight

Bill Mongelluzzo, Senior Editor |
China's shift to automated factories will keep transportation supply chains in place.
Industrial Real Estate News

Importers look past tight Vancouver warehousing to Calgary

Reynolds Hutchins, Associate Editor |
Tightening space and rising rental rates in Vancouver are driving some Western Canadian importers to move their distribution hubs inland — roughly 604 miles inland to Calgary.
Industrial Real Estate News

US industrial real estate demand leads mixed growth within the Americas

Bill Mongelluzzo, Senior Editor |
US experiencing generally strong demand for warehouse and distribution space, with demand in Canada and Latin America choppy.
Industrial Real Estate News

Limited warehouse space near US West Coast ports to force higher rents or new routings

Bill Mongelluzzo, Senior Editor |
Precariously low West Coast vacancy rates for warehouse and distribution space are sending a stark message to shippers: Expect to pay even more to carry your goods, or rework your containerized supply chains.
North American portsIndustrial Real Estate News

US industrial real estate demand continues to surge

Dustin Braden, Shipper Relationship Manager |
The need to keep e-commerce inventory on hand is driving a surge in demand for US warehouse and distribution center space.
Industrial Real Estate News

Shippers look to secondary markets in US for industrial space

Bill Mongelluzzo, Senior Editor |
The most dynamic expansion in industrial real estate in the United States is happening in so-called second-tier markets with close access to big population centers.
Industrial Real Estate News

Floor & Decor’s plan to build massive distribution center highlights Savannah’s shipper pull

Reynolds Hutchins, Associate Editor |
The intensity of industrial real estate activity around the Georgia port underscores the strong demand nationally for logistics properties as well as shipper implementation of long-term plans to use Southeast versus West Coast ports to access inland markets.
North American portsIndustrial Real Estate News

GLP expands US footprint with $1.1B logistics portfolio takeover

Greg Knowler, Senior Europe Editor |
Logistics property developer makes $1.1 billion acquisition of US portfolio.
Industrial Real Estate News

Research highlights potential for Canadian inland ports

JOC Staff |
A new white paper commissioned by the Van Horne Institute and completed by JOC outlines how Canada can build on its success in creating inland ports.
Intermodal providersIndustrial Real Estate News

Target tightens inbound supply chain to slash stock-outs

William B. Cassidy, Senior Editor |
Retailer tightens control over delivery times, flow of inventory from warehouses as e-commerce grows.
Industrial Real Estate NewsIntermodal providersTrucking News

Logistics property developer partners with top container maker

Greg Knowler, Senior Europe Editor |
Logistics property developer GLP has entered into a long-term agreement with box-maker China International Marine Containers.
Industrial Real Estate NewsMarine terminals

US retailers reducing inventory, but e-commerce stock balance still tricky

William B. Cassidy, Senior Editor |
Retailers such as Wal-Mart want to reduce inventory while offering more products.
Industrial Real Estate NewsTrucking News

US warehousing, DC absorption at strongest clip since 2007

Bill Mongelluzzo, Senior Editor |
Net absorption of warehouse and distribution space in the U.S. during the first six months of 2016 was the strongest since 2007.
Industrial Real Estate News

Seko adds Hong Kong warehouse capacity to meet e-commerce demand

Turloch Mooney, Senior Editor, Global Ports |
Surging e-commerce demand and spending in Asia has logistics companies looking to the future.
Industrial Real Estate News

US industrial rates set to rise as demand outpaces supply

Bill Mongelluzzo, Senior Editor |
Absorption of warehouse and distribution facilities is expected to exceed delivery of new space.
Industrial Real Estate News