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

E-commerce growth reshapes traditional supply chains

Grace M. Lavigne, Associate Web Editor |
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

Grace M. Lavigne, Associate Web Editor |
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 Europe Editor |
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

Stephanie Nall, Cool Cargoes Editor |
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 NewsIndustrial Real Estate News

Japanese duo to buy stake in Chinese logistics property developer

Hisane Masaki |
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 Europe Editor |
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 Europe Editor |
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 Europe Editor |
What exactly is an e-commerce warehouse?
Industrial Real Estate News

No end in sight to China’s logistics property needs

Greg Knowler, Senior Europe Editor |
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 Europe Editor |
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

Grace M. Lavigne, Associate Web Editor |
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 NewsCool 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

Stephanie Nall, Cool Cargoes Editor |
Growth at North America’s two largest cold storage companies has mushroomed in recent years, with both looking at overseas opportunities.
Industrial Real Estate NewsCool 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

Stephanie Nall, Cool Cargoes Editor |
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 NewsCool Cargo News

Warehouse Investment Increases Singapore’s Regional Footprint

Greg Knowler, Senior Europe Editor |
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 Europe Editor |
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 Europe Editor |
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 providersIndustrial Real Estate News

Home Depot’s New Strategy Tied to E-Commerce Growth

William B. Cassidy, Senior Editor |
It begins with a leaky faucet, or perhaps a broken piece of crown molding, or a washing machine, or ceiling fan. Something needs to be fixed, replaced, improved or installed — and the right tools are required to do it. That specific need generates the demand that sets the supply chain in motion at The Home Depot, and increasingly that demand first appears as an online order placed through the retailer’s website.
Industrial Real Estate News

GLP Raises Brazilian Logistics Fund to $1.1 Billion

William B. Cassidy, Senior Editor |
Singapore-based logistics developer GLP adds $230 million to its Brazilian development fund, which now totals $1.1 billion, to build out leasable distribution space in Brazil.
Industrial Real Estate News

GLP, Chinese Investors in $2.5 Billion Logistics Pact

William B. Cassidy, Senior Editor |
Global Logistics Properties wins $2.5 billion in support from Chinese investors to expand its fast-growing network of modern logistics facilities across China.
Industrial Real Estate News

Warehouse Markets Tightening Around US

Bill Mongelluzzo, Senior Editor |
Craig Meyer, president of Jones Lang LaSalle’s industrial brokerage team, advises clients that are looking for warehouse space in hot markets such as Southern California, Northern New Jersey and Dallas to focus on the property that best suits their needs and to move decisively to close the deal.
Industrial Real Estate News

Calgary Harnesses Its Logistics Energy

Mark Szakonyi, Executive Editor |
It’s not hard to see why major shippers are setting up shop or expanding their distribution operations in Calgary. Roughly $3.5 billion will be spent on infrastructure over the coming year.
Industrial Real Estate News

Home Depot Opens Georgia E-Commerce Fulfillment Center

William B. Cassidy, Senior Editor |
ATLANTA — Home Depot yesterday opened the first of three new direct fulfillment centers designed to speed online orders to consumers through distribution channels across its supply chain.
Industrial Real Estate News

E-Commerce Drives Industrial Real Estate Boom

Mark Szakonyi, Executive Editor |
Shippers are expected to make bolder moves in recalibrating their supply chains’ real estate footprint this year, even if many traditional retailers are still determining how to take advantage of the e-commerce rush.
Industrial Real Estate News

Demand Rises for Industrial Real Estate in California’s Inland Empire

Bill Mongelluzzo, Senior Editor |
The industrial real estate market in Southern California’s Inland Empire — the most sought-after location in the country for warehouses and distribution centers — is in near-perfect harmony right now.
Industrial Real Estate News

China’s Logistics Growth Tied to Modern DC Development

William B. Cassidy, Senior Editor |
When Jeffrey H. Schwartz looks to China, he sees a land brimming with logistics opportunities — billions of dollars in opportunities, in fact.
Industrial Real Estate News

Home Depot to Build 3 DCs to Speed E-Commerce Deliveries

JOC Team |
Suggesting that pressure is growing to deliver faster to e-commerce customers, Home Depot said it will be build three direct fulfillment centers around the country that will enable it to ship orders up to 5 PM on the day they are received.
Industrial Real Estate News

Southern Retailer Belk Expands Online Distribution Network

William B. Cassidy, Senior Editor |
With online sales soaring 45 percent in the third quarter, Southern retail chain Belk is expanding its e-commerce distribution and fulfilllment network.
Industrial Real Estate NewsTrucking News

GLP Targets E-Commerce With $3 Billion China Logistics Fund

William B. Cassidy, Senior Editor |
The rapid growth of e-commerce in China is a facet of the robust domestic consumption fueling demand for modern logistics facilities, according to Jeffrey H. Schwartz of Global Logistics Properties.
Industrial Real Estate News

E-Commerce Explosion Sparks Building Boom

David Biederman |
The dramatic growth of e-commerce is driving demand for a product that can’t be obtained online — big box e-fulfillment centers.
Industrial Real Estate News

Most Wanted Features for E-Commerce Fulfillment Centers

JOC Staff |
Major retailers are opening new omnichannel fulfillment centers larger than 500,000 square feet in areas offering access to key population centers.
Industrial Real Estate News