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industrial real estate news
Industrial Real Estate News
Discover the latest industrial real estate news and trends. Covering projects, real estate supply chain, logistics, pricing, cross dock facilities, and more.
The latest Industrial Real Estate News & Analysis
Project to help expand development at BNSF Kansas City
JOC Staff |
A road improvement project will help make the industrial development around BNSF’s relatively new intermodal rail terminal in the Kansas City area more attractive when work is completed in 2016.
North-American rail
Industrial Real Estate News
CenterPoint shores up Pacific Northwest strategy with two-property purchase
JOC Staff |
CenterPoint Properties plans to expand its Pacific Northwest footprint beyond the nearly $50 million it recently spent on two properties adjacent to the Port of Seattle.
Industrial Real Estate News
GLP makes giant move into US logistics real estate
Greg Knowler, Senior Editor Europe |
Singapore-based Global Logistic Properties took a break from its rapid China expansion to partner with GIC in acquiring one of the largest logistics real estate portfolios in the US for $8.1 billion.
Supply chain
Industrial Real Estate News
Two 3PLs tap e-commerce demand in Tianjin with new facilities
JOC Staff |
Two global logistics companies will set up shop in the Goodman Group’s newly-constructed Xiqing Logistics Park in Tianjin, reflecting the demand for modern warehousing to serve booming Chinese e-commerce business.
Industrial Real Estate News
Record Alibaba ‘Singles’ Day’ sales reveal China delivery challenges
Greg Knowler, Senior Editor Europe |
The millions of products ordered online in China during the November 11 “Singles Day” will have to be delivered across mainland China in the next couple of weeks, placing intense pressure on distribution networks in the country.
Industrial Real Estate News
BNSF’s Kansas City logistics park gains momentum with new tenant
JOC Staff |
BNSF Railway’s relatively new intermodal terminal in the Kansas City area has attracted another shipper and fueled speculative industrial warehouse construction.
Intermodal providers
Industrial Real Estate News
Home Depot’s plans cement Calgary as distribution hub
Mark Szakonyi, Executive Editor |
Home Depot Canada is building a more than 1 million-square-feet distribution hub near a Canadian Pacific Railway intermodal terminal in Calgary, further cementing the largest city in Alberta province as a major staging ground for western Canada.
Industrial Real Estate News
JLL: Industrial vacancy rates at a 6-year low
JOC Staff |
Industrial vacancy rates in the U.S. have dipped to 7.1 percent, and could sink even lower in the fourth quarter, JLL Research says.
Industrial Real Estate News
Amazon completes European distribution network
JOC Staff |
Amazon’s opening of three distribution centers in western Poland this week closes the remaining gap in the e-commerce giant’s European network.
Industrial Real Estate News
Virginia inland port attracts furniture maker
JOC Staff |
A manufacturer of custom office furniture is investing $17 million to establish a Virginia distribution center at the CenterPoint Intermodal Center in Suffolk, a boost for the Port of Virginia and CSX Transportation and another sign of growing momentum for inland ports served by rail.
Industrial Real Estate News
Inland ports growing more important in shipper supply chains
Bill Mongelluzzo, Senior Editor |
New U.S. inland port projects are being launched after consultations with supply chain participants, including importers and exporters, trucking companies and logistics providers.
Industrial Real Estate News
Katoen Natie opens $50 million Singapore terminal extension
JOC Staff |
Industrial Real Estate News
Goodman signs up IKEA in China deal
Greg Knowler, Senior Editor Europe |
Home furnishing giant IKEA has expanded its business with logistics property developer Goodman Group into China, signing a lease for 11,000 square meters of warehousing space in the inland Chinese city of Chengdu.
Industrial Real Estate News
Asian middle class growth full of promise, challenges
Mark Szakonyi, Executive Editor |
Growth expectations for the Asian middle class are staggering, but so is the scale of supply chain upgrades that will be needed to meet demand.
Industrial Real Estate News
E-commerce growth reshapes traditional supply chains
JOC Staff |
Shippers may have to start locating distribution centers closer to consumers, as growth in e-commerce pressing retailers to deliver goods inexpensively and quickly, and challenging traditional logistics models.
Industrial Real Estate News
E-commerce fulfillment model still up in the air
Bill Mongelluzzo, Senior Editor |
The logistics of e-commerce fulfillment continues to change along with the whims of consumers, so although industrial real estate developers really want a single model to guide their planning efforts, it’s not going to happen anytime soon.
Industrial Real Estate News
Southern California industrial real estate market heats up
Bill Mongelluzzo, Senior Editor |
The industrial real estate market in Southern California has come roaring back from the economic recession, especially in the vast port-dependent region known as the Inland Empire.
Industrial Real Estate News
Guangzhou DC opened by Yusen to focus on consumer goods
JOC Staff |
Yusen Logistics China opened a warehouse in Guangzhou to tap into anticipated growth in demand from the fast-growing domestic consumer products market
Industrial Real Estate News
Home Depot opens second fulfillment center dedicated to e-commerce
William B. Cassidy, Senior Editor |
Home Depot is expanding its brick-and-mortar infrastructure to support growing online sales.
Industrial Real Estate News
Distribution center growth ‘disciplined’ around US ports
Joseph Bonney, Senior Editor |
Strong U.S. imports are fueling growth of distribution centers near major U.S. port gateways, but there’s no sign that overcapacity is on the way, according to real estate management firm Jones Lang LaSalle.
Industrial Real Estate News
Shippers increasingly opening distribution centers near intermodal hubs
Mark Szakonyi, Executive Editor |
Distribution centers and manufacturing plants are increasingly springing up around U.S. intermodal terminals, as shippers aim to reduce drayage costs and overall tightening truck capacity fuels intermodal volume growth.
Industrial Real Estate News
Singapore logistics group CWT to build giant logistics complex
Greg Knowler, Senior Editor Europe |
Singapore logistics group CWT has announced plans to develop a 2.2-million-square-foot integrated warehouse and container port logistics complex at Jalan Buroh in the Jurong Port area of the city.
Industrial Real Estate News
Infrastructure program could heat up India’s cold chain growth
JOC Staff |
More than $15 billion will be spent on expansion of India’s cold chain during the next five years, according to a study by the Institution of Mechanical Engineers.
Cool Cargo News
Industrial Real Estate News
Japanese duo to buy stake in Chinese logistics property developer
JOC Staff |
A consortium of Japan’s Mitsui & Co. and Mitsubishi Estate Co. has agreed to acquire a significant stake in a logistics facility developing subsidiary of Beijing Properties (Holdings) Ltd.
Industrial Real Estate News
China’s logistics demand keeps business rolling in for developers
Greg Knowler, Senior Editor Europe |
Rapidly rising demand for retail and e-commerce logistics in China is providing warehouse property developers with a constant stream of business in both tier one cities along the coast and in the less developed inland regions.
Industrial Real Estate News
Wal-Mart latest to tap Indiana as e-commerce hub
Mark Szakonyi, Executive Editor |
Wal-Mart’s recent decision to open a 1.2 million square-foot online retailing fulfillment center outside of Indianapolis suggests the state’s motto as the “crossroads of America” is well deserved.
Industrial Real Estate News
China’s logistics property developer poised for strong growth
Greg Knowler, Senior Editor Europe |
The Chinese government has identified logistics as one of the pillar industries to support economic growth, and the phenomenal development in this area can be seen in the annual report of Global Logistics Properties, the mainland’s market leader.
Industrial Real Estate News
What is an e-commerce warehouse?
Greg Knowler, Senior Editor Europe |
What exactly is an e-commerce warehouse?
Industrial Real Estate News
No end in sight to China’s logistics property needs
Greg Knowler, Senior Editor Europe |
Logistics property developers in China continue to supply new warehouses to support a seemingly insatiable appetite for e-commerce distribution facilities.
Industrial Real Estate News
Warehouse Leases Highlight China Supply Shortage
Greg Knowler, Senior Editor Europe |
There is no letup in the demand for modern logistics facilities in China, but local and foreign companies are competing for a limited number of available warehouses outside the developed logistics centers.
Industrial Real Estate News
With Eye on Meat Imports, New Orleans Cold Storage Expands in Charleston
JOC Staff |
New Orleans Cold Storage has plans to more than double the size of its existing storage space at the Port of Charleston, South Carolina.
Industrial Real Estate News
Cool Cargo News
Online Sales Transforming Home Depot
William B. Cassidy, Senior Editor |
E-commerce sales generated some heat for The Home Depot during a frigid winter. Online purchases rose by $232 million or 40 percent in the first quarter as the home improvement retailer’s website drew more than 3 million visitors a day.
Industrial Real Estate News
Cold Storage Expanding by Leaps and Bounds
JOC Staff |
Growth at North America’s two largest cold storage companies has mushroomed in recent years, with both looking at overseas opportunities.
Industrial Real Estate News
Cool Cargo News
US Industrial Real Estate Space at a Premium
Bill Mongelluzzo, Senior Editor |
The warehouse and distribution center industry grew strongly in 2013, and this momentum continued into the first quarter of 2014.
Industrial Real Estate News
Warehouse Choice? It’s Personal
JOC Staff |
While some cold storage companies are growing rapidly, the head of one midsize warehouse company says that doesn’t apply throughout the industry.
Industrial Real Estate News
Cool Cargo News
Warehouse Investment Increases Singapore’s Regional Footprint
Greg Knowler, Senior Editor Europe |
Singapore’s rising prominence as a strategic logistics hub for Southeast Asia was further illustrated by the recent investment in warehouse and distribution facilities in the city-state by DHL and Menlo Logistics.
Industrial Real Estate News
China E-Commerce Boom Leads to Shortage in Warehouse Supply
Greg Knowler, Senior Editor Europe |
The rapid growth in China’s e-commerce market, reflected in the hype surrounding the forthcoming U.S. IPO of Alibaba, is exposing an acute shortage of quality warehouse and distribution center space that developers and governments are rushing to address.
Industrial Real Estate News
Global Industrial Property Developer to Expand Investment in China
Greg Knowler, Senior Editor Europe |
Goodman Group plans to increase its investment in China to $3 billion in the next three to four years, Philip Pearce, the Australia-listed global industrial property developer’s China country manager, said in Shanghai.
Industrial Real Estate News
Interroll Revamps Distribution As e-Commerce Grows
William B. Cassidy, Senior Editor |
The Swiss manufacturer of key distribution system components is expanding its own distribution and manufacturing footprint in the U.S. as e-commerce demand fuels distribution center construction.
Industrial Real Estate News
Monterrey Inland Port Harnesses Mexican Boom
Mark Szakonyi, Executive Editor |
The inland port of Monterrey, Mexico, is attracting new shippers, and new customs legislation will allow existing and future tenants to more easily tap foreign trade zone benefits.
Intermodal providers
Industrial Real Estate News
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