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

Investors jump in to Japan warehouse development sector

Greg Knowler, Senior Europe Editor |
Investment continues to pour into Japan’s undersupplied warehouse sector.
Industrial Real Estate News

E-commerce drives growth in distribution center rents

Hugh R. Morley, Senior Editor |
Rents for multitenant distribution center space in 2015 grew faster than those of any other property type.
Industrial Real Estate News

Gap in Japan warehousing exposed by rising e-commerce demand

Greg Knowler, Senior Europe Editor |
Urgent need for modern warehousing space in Japan as e-commerce demand rises.
Industrial Real Estate News

GLP profits on global industrial real estate expansion

Greg Knowler, Senior Europe Editor |
Domestic consumption in China gives GLP a solid annual earnings report.
Industrial Real Estate News

Distribution demand speeds freight growth in Indianapolis

William B. Cassidy, Senior Editor |
Mention Indianapolis and its famous speedway comes to mind, but so should supply chain velocity, warehousing and freight.
Industrial Real Estate NewsTrucking News

US shippers experience capacity tightening in warehousing, not trucking

William B. Cassidy, Senior Editor |
Warehouse capacity in the U.S. is at the tightest level "ever observed," one real estate firm says.
Industrial Real Estate NewsTrucking News

Inventories remain full, depressing US freight demand

William B. Cassidy, Senior Editor |
Could U.S. freight volumes rise and overall economic growth slow?
Industrial Real Estate NewsTrucking NewsRail NewsContainer linesNorth American ports

Real estate burst highlights shipper attraction to Savannah port

Peter Tirschwell |
A sharp turnaround in industrial real estate activity around the Savannah port underscores the white-hot demand nationally for logistics properties as well as shippers putting in place long-term plans to use Southeast versus West Coast ports to access the regional market.
North American portsIndustrial Real Estate News

LF Logistics opens giant Singapore e-commerce facility

Greg Knowler, Senior Europe Editor |
LF Logistics has opened a 1-million-square-foot logistics facility in Singapore, the largest automated and customs bonded distribution warehouse in the city state that will target surging e-commerce growth in Asia.
Industrial Real Estate News

Logistics fuel record US industrial real estate occupancy rates

Hugh Morley, Senior Editor |
The market for industrial real estate is booming nationwide, with record occupancy rates at the start of 2016 that are fueled in part by demand from logistics companies, two recent commercial real estate reports say.
Industrial Real Estate News

Economist Kemmsies joins Jones Lang LaSalle

JOC Staff |
Industrial real estate services company Jones Lang LaSalle has snagged Walter Kemmsies, a noted economist with a focus in logistics, from infrastructure advisor Moffat & Nichol.
Industrial Real Estate News

E-commerce growth squeezing tight industrial real estate market

Peter T. Leach, Editor-at-Large |
Warehouses and distribution centers near the largest U.S. population centers are filling up fast. The vacancy rate of 6.4 percent at the end of 2015 was the lowest in 15 years and is expected to get even tighter this year as retailers’ demand for space outstrips supply.
Industrial Real Estate News

2016 Directory of Warehousing Service Providers

JOC Team |
<p>A directory of US warehousing and service providers in 2016.</p>
Industrial Real Estate News

Developer Goodman takes control of Brazil logistics property platform

Greg Knowler, Senior Europe Editor |
Logistics property developer Goodman has secured 100 percent of its Brazil operating platform, giving the Australia-based company complete control over the 190 million square feet it has under management.
Industrial Real Estate News

US industrial real estate to have disciplined expansion, despite slowing economy

Bill Mongelluzzo, Senior Editor |
Despite slowing U.S. economy, the industrial real estate sector in 2016 will experience disciplined but broad-based expansion as retailers seek quality warehouse and distribution space for both their brick-and-mortar and e-commerce fulfillment needs, according to developer Prologis.
North American portsIndustrial Real Estate News

Warehouse provider, Canada pension plan launch second billion-dollar Japan fund

Greg Knowler, Senior Europe Editor |
Global warehouse provider GLP and Canada Pension Plan Investment Board have poured almost $1 billion into expanding their Japanese joint venture fund to capitalize on growing demand for logistics facilities in the country.
Industrial Real Estate News

GLP expands China footprint amid slowdown

Greg Knowler, Senior Europe Editor |
Robust growth in GLP’s China business, strong gains in Japan and a storming entry into the U.S. market drove up the third quarter earnings of the logistics property developer by 64 percent.
Industrial Real Estate News

High US industrial real estate absorption forecast for one more year

Bill Mongelluzzo, Senior Editor |
Despite unexpected volatility in the first few weeks of 2016, Cushman & Wakefield anticipates one more year of strong absorption of industrial real estate space before demand in the warehouse and distribution sector slows down.
Transport, Trade, and Regulation NewsIndustrial Real Estate News

DB Schenker consolidates India warehouse footprint

JOC Staff |
DB Schenker, the logistics arm of Germany’s Deutsche Bahn, has strengthened its presence in India with the opening of a third, new warehouse facility in Bhiwandi, near Mumbai.
Industrial Real Estate News

Goodman China partners inject $1.25 billion into logistics fund

Greg Knowler, Senior Europe Editor |
Strong demand for quality logistics facilities in China has seen Goodman Group and Canada Pension Plan Investment Board (CPPIB) increasing their equity in a China partnership by $1.25 billion.
Industrial Real Estate News

US industrial demand forecast to exceed space in 2016

Bill Mongelluzzo, Senior Editor |
Demand for warehouse, distribution, and e-commerce fulfillment space exceeded supply in 2015 across the U.S., and Jones Lang LaSalle projects these conditions will persist next year, according to the JLL 2016 Industrial Outlook.
Industrial Real Estate News

ODFL expands LTL trucking footprint in St. Louis, Midwest

William B. Cassidy, Senior Editor |
Old Dominion Freight Line is adding a second terminal in St. Louis, Missouri, expanding its less-than-truckload service in the city and the Midwest.
LTLIndustrial Real Estate News

S&S Activewear to speed distribution with Kansas distribution center

JOC Staff |
Apparel wholesaler S&S Activewear is the latest company to set up distribution operations in the Kansas City area, expanding its overnight delivery footprint in the Central U.S.
Industrial Real Estate NewsTrucking News

VIDEO: US industrial real estate challenged to meet e-commerce demand

JOC Staff |
Adam Roth, director, NAI Global Logistics, explains how the industrial real estate industry is working to create more capacity for growing e-commerce demand. He shared his insight with Alessandra Barrett, senior content director, JOC, at the JOC Inland Distribution Conference in Memphis, Tennessee, in October.
Industrial Real Estate News

NJ warehousing vacancies lowest since before recession

Dustin Braden, Assistant Web Editor |
Vacancies for warehouses and distribution centers in the “red hot” New Jersey market dropped to 7.2 percent in the third quarter, the lowest rate since the recession took hold in 2007.
Industrial Real Estate News

BNSF's Kansas City logistics park to benefit from new construction

Reynolds Hutchins, Associate Editor |
A developer is adding more than half a million square feet of speculative industrial space at BNSF Railway’s Logistics Park Kansas City.
North-American railIndustrial Real Estate News

Home Depot opens largest e-commerce fulfillment center

William B. Cassidy, Senior Editor |
A 1.6-million-square-foot direct fulfillment center in Troy Township, northwestern Ohio plays a key part in Home Depot's interconnected retail strategy blending online and in-store sales.
Industrial Real Estate News

Trumpeting logistics job salaries could help industrial developers get permits

Bill Mongelluzzo, Senior Editor |
U.S. developers of warehouses and distribution centers facing community opposition to permits should emphasize socioeconomic benefits and debunk outdated assumptions about health risks, says a veteran economist in California’s Inland Empire.
Industrial Real Estate News

E-commerce heating up NY-NJ industrial real estate market

Dustin Braden, Assistant Web Editor |
U.S. Northeast consumers’ growing appetite for e-commerce is cooking up a “red hot” industrial real estate market around the Port of New York and New Jersey — a trend great for developers and pricey for shippers, the head of an industrial real estate trade association said Wednesday.
Industrial Real Estate News

Widespread inventory 'de-stocking' softens US freight markets

William B. Cassidy, Senior Editor |
U.S. retailers and manufacturers are slicing into inventories they built up during the West Coast port labor dispute, contributing to what's reported to be a softer third-quarter freight market. Stronger consumer spending may help shippers balance inventories as peak season demand picks up.
Industrial Real Estate NewsTrucking News

Zulily sale shows folly of non-expedited e-commerce delivery

Reynolds Hutchins, Associate Editor |
The same logistics strategy that propelled U.S. online retailer Zulily to greatness has led to its defeat, according to industry analysts, culminating this week in the company’s sale to a retail giant with a markedly different idea of how supply chains are run.
Industrial Real Estate News

Macy’s ups e-commerce ante against Amazon

Reynolds Hutchins, Associate Editor |
Macy’s is expanding same-day delivery options into more markets, upping the ante in its high-stakes poker game with e-commerce giant Amazon.
Industrial Real Estate News

Amazon to open Chicago-area fulfillment center

JOC Staff |
Industrial Real Estate News

E-commerce sparks demand for smaller distribution centers

Joseph Bonney, Senior Editor |
E-commerce is creating demand for small distribution centers that can provide last-mile retail delivery more nimbly than the big regional DCs that currently dominate industry investment.
Industrial Real Estate News

Chicago inland port gains logistics provider, shipper tenants

JOC Staff |
One of the largest U.S. inland ports continues to grow, with one logistics provider planning to open a 1.1 million square foot distribution center and a grain shipper moving to the Chicago area site served by intermodal rail.
Industrial Real Estate News

New Gerber DC to give Charleston port boost

Dustin Braden, Assistant Web Editor |
Gerber Childrenswear announced a $33 million investment for a distribution center in Berkeley County, South Carolina, another sign of Port of Charleston’s growing role as a major import gateway on the East Coast,
Industrial Real Estate News

London Gateway logistics hub invites experimentation

Jem Newton, Special Correspondent |
London Gateway wants shippers to use its new common-user facility as a testbed for trying out innovative logistics solutions, said it implementation director Graeme Clarke.
Industrial Real Estate News

Dollar Tree to add East Coast DC in South Carolina

William B. Cassidy, Senior Editor |
Discount retailer Dollar Tree is building a $104.4 million distribution center in 'upstate' South Carolina, near the Greer Inland Port and the I-85 corridor, expanding its Southeastern logistics footprint.
Industrial Real Estate NewsTrucking NewsRail News

NJ distribution center rents rise in tight market

JOC Staff |
Vacancy rates for New Jersey distribution centers and warehousing have dipped below 8 percent for the first time in six years and are pushing up rents, the Cushman & Wakefield commercial real estate firm says.
Industrial Real Estate News

Wal-Mart adds warehouses to expand north China distribution

Greg Knowler, Senior Europe Editor |
Wal-Mart has opened four new warehouses in Tianjin to expand its distribution centre in northern China, the latest example of rising mainland demand for modern logistics property that is increasingly in short supply.
Industrial Real Estate News