Industrial real estate

News and analysis of industrial real estate projects, distribution centers, cross-dock facilities, expansion, absorption, pricing, categories, strategies

The latest Industrial real estate News & Analysis

Monterrey inland port bucks slowing auto production

Hugh R. Morley, Senior Editor | Oct 14, 2019, 4:48 PM EDT

Industrial real estate

E-commerce helps boost small warehouse demand, rents

Hugh R. Morley, Senior Editor | Oct 11, 2019, 5:47 PM EDT

Demand from e-commerce and other companies has pushed up rents and reduced availability of smaller warehouses over the last five years more than for larger spaces, according to a new report.
Industrial real estate

DHL looks to capitalize on growing El Paso market

William B. Cassidy, Senior Editor | Oct 10, 2019, 2:40 PM EDT

A bigger footprint in El Paso, Texas, will help the freight forwarding arm of Deutsche Post DHL reach more shippers in the US and Mexico.
Industrial real estateAir Cargo

Multi-story warehouse opening near NY-NJ’s Red Hook terminal

Hugh R. Morley, Senior Editor | Sep 26, 2019, 6:07 PM EDT

Fierce competition for warehouse space in and around New York and a lack of land on which to build has prompted developers to construct multi-level warehouses to meet the industrial space demands of logistics companies, shippers, and e-commerce business.
North American portsIndustrial real estate

Mexico City warehouse market unfazed by slow economy

William B. Cassidy, Senior Editor | Aug 2, 2019, 11:42 AM EDT

Centralized cargo consolidation makes Mexico City dominant in industrial development, but growing port volumes may change that over time.
Industrial real estate

Port growth pushes Jersey space availability to 13-year low

Hugh R. Morley, Senior Editor | Jul 18, 2019, 5:56 PM EDT

A new study shows a growing percentage of the Port of New York and New Jersey drayage fleet is making its first stop close to the port, an apparent reflection of the desire by shippers and logistics providers to use near-port warehouse space. That demand continues to create a tight market, with lease rates hitting new highs in the second quarter.
North American portsIndustrial real estate

Cooling warehouse market gives shippers limited relief

Bill Mongelluzzo, Senior Editor | Jul 16, 2019, 5:38 PM EDT

The prolonged rent increases over the past decade for logistics space are beginning to moderate, although growing imports and strong demand for e-commerce fulfillment space in the largest seaport cities will keep industrial real estate development robust through the end of the year.
North American portsIndustrial real estate

E-commerce growth hits real-world transport obstacles

William B. Cassidy, Senior Editor | Jul 10, 2019, 12:16 PM EDT

DHL Supply Chain Research finds businesses of all types struggling to keep up with the pace of e-commerce as they work to realign supply chain and transportation networks.
Logistics technologyTruckingIndustrial real estate

Warehouse vacancy low despite ‘unprecedented’ construction

Hugh R. Morley, Senior Editor | Jun 19, 2019, 5:22 PM EDT

Strong demand for warehouse space fueled by booming e-commerce and the third-party logistics providers that serve it means high levels of warehouse development have not lowered vacancy rates, or made it easier for shippers to find space.
Industrial real estate

US warehouses, ports prep for reefer volume boom

Ari Ashe, Senior Editor | Jun 12, 2019, 12:45 PM EDT

Commercial realtor CBRE forecasts refrigerated warehousing will increase 30 to 40 percent over the next five years, even though the rapid supply and demand imbalance in warehousing overall is flattening.
Industrial real estate

Newark land seizure opens port warehousing potential

Hugh R. Morley, Senior Editor | May 23, 2019, 6:07 PM EDT

A proposal from the City of Newark would see dozens of underused and vacant land plots near the Port of New York and New Jersey redeveloped to create port-related warehousing and logistics facilities.
North American portsIndustrial real estate

HK logistics firms eye South China FTZ

Keith Wallis, Special Correspondent | May 21, 2019, 12:05 PM EDT

Shipper interest in a free trade zone in Zhuhai, China, is being driven by a shortage of logistics space and rocketing rental prices across the Pearl River in Hong Kong.
Industrial real estateTrucking

New service fueling Savannah port’s reefer growth

Ari Ashe, Senior Editor | May 9, 2019, 3:05 PM EDT

The first Central American vessel as part of two vessel strings from Seaboard Marine to the US East coast visited Savannah this week, a growing trade lane that has generated a 70 percent increase in imports in Georgia since 2014.
North American portsIndustrial real estate

On-demand warehousing nabs more funding

Eric Johnson, Senior Technology Editor | May 7, 2019, 2:59 PM EDT

The pioneer in on-demand warehousing, Flexe, nabbed $43 million in venture capital funding to build out its short-term spot contract logistics marketplace.
Logistics technologyIndustrial real estate

Rising US retail inventories set stage for transport pullback

William B. Cassidy, Senior Editor | Apr 22, 2019, 5:10 PM EDT

US containerized imports from Asia dropped 0.5 percent year over year in the first quarter of 2019, after rising 15.5 percent in the fourth quarter, according to the PIERS data, a sister product of within IHS Markit
Industrial real estateMaritimeTrucking

US warehouse demand shows signs of cooling

Hugh R. Morley, Senior Editor | Apr 18, 2019, 6:18 PM EDT

The eight-year trend of declining industrial space availability could soon be over, with a more even balance between the demand for space and the amount of new space completed, even as rents continue to go up.
Industrial real estate

2019 Warehousing Service Providers Directory

JOC Staff | Apr 12, 2019, 9:43 AM EDT

Each year JOC publishes a directory of nearly 200 warehousing service providers across the United States to help beneficial cargo owners and transportation providers find warehousing capacity as needed.
Industrial real estate

Ryder expands Mexican warehousing as cargo demand rises

Hugh R. Morley, Senior Editor | Apr 5, 2019, 6:51 PM EDT

Ryder is creating new space in four warehouses and upgrading a trucking yard in Mexico to meet the country’s growing demand for industrial space, especially near the US border.
Industrial real estate

US mega distribution hubs weather e-commerce boom

Bill Mongelluzzo, Senior Editor | Mar 12, 2019, 2:39 PM EDT

Mega-box warehouses of 1 million square feet and larger offer the size and efficiencies that are necessary for efficient e-commerce fulfillment, but finding sites in urban areas large enough to support the sprawling facilities can be problematic.
Industrial real estate

Imports squeezing US Gulf warehousing space

Bill Mongelluzzo, Senior Editor | Feb 15, 2019, 4:51 PM EST

Import demand growth in the region is improving prospects for already strong exports of petrochemical, agricultural, and forest products, which had previously been limited by a shortage of empty containers.
Industrial real estate

Freight growth drives Mexican warehousing boom

Hugh R. Morley, Senior Editor | Feb 7, 2019, 5:07 PM EST

Space taken by shippers and transportation providers accounts for an increasingly large share of the tightening Mexican industrial real estate market, which offered low vacancy rates and high rental costs in 2018.
Industrial real estate

LA-LB port warehousing nears limits

Bill Mongelluzzo, Senior Editor | Feb 1, 2019, 9:27 AM EST

The US-China trade war may be a one-off event, but it highlighted the tenuous balance of warehouse supply and demand in Southern California and New York-New Jersey, where future trade or weather events could result in meltdowns.
North American portsIndustrial real estate

US warehouse rents, scarcity rising in 2019

Bill Mongelluzzo, Senior Editor | Jan 2, 2019, 12:59 PM EST

Users of industrial space who are looking for the right location for additional space must be prepared to pay more, sector analysts say.
Industrial real estate

Large US warehouse rent rise fails to blunt demand

Bill Mongelluzzo, Senior Editor | Aug 9, 2018, 12:49 PM EDT

Historically, when warehouse/industrial rental rates increase at near double-digit levels, it reduces demand. However, as the US economic expansion continues, that is not occurring, especially near seaports and in large inland hubs, where import distribution and e-commerce fulfillment needs are the greatest.
Logistics technologyTruckingIndustrial real estate

Inland port serving NY-NJ moves forward

Hugh R. Morley, Senior Editor | Jul 10, 2018, 4:52 PM EDT

Shippers that use the Port of New York and New Jersey may find that Syracuse offers an attractive option once a rail-linked inland port is built. But will its lower rent offset higher logistics costs?
North American portsIndustrial real estateRail

Hot Mexico City warehousing market squeezes shippers

Hugh R. Morley, Senior Editor | Jun 8, 2018, 11:15 AM EDT

Shippers looking to move cargo to, from, or through Mexico will likely face a challenge finding warehouse and logistics space, as vacancy rates in some areas have hit their lowest levels in six years.
Industrial real estateBreakbulk shipping

Building boom not likely to ease NY-NJ warehouse rate pressure

Hugh R. Morley, Senior Editor | Apr 25, 2018, 2:57 PM EDT

Shippers and logistics providers seeking warehouse space in the Port of New York and New Jersey area amid rising rents and declining vacancy rates are unlikely to see near-term relief, even as more than a dozen projects will add more than 12 million square feet to the market, real estate brokers say.
North American portsIndustrial real estate

US warehouse and distribution rents rise as vacancy rates dip

Bill Mongelluzzo, Senior Editor | Apr 23, 2018, 6:24 PM EDT

Beneficial cargo owners looking for industrial space face one of the tightest US real estate markets in years, especially in large seaport and inland cities, as growth in traditional import logistics and e-commerce is creating especially strong demand in large population centers.
Supply ChainIndustrial real estateBreakbulk shipping

3PLs hope JNPT speedy import customs change attracts shippers

India Special Correspondent | Apr 17, 2018, 10:10 AM EDT

Heeding requests from the third-party logistics providers community involved with container freight stations, the customs agency put aside a decree restricting storage of direct port delivery containers left uncleared by consignees at the wharf, to a single, port-designated off-site depot, and instead reopened that business to all storage yards in and around the port.
Industrial real estate

2018 Warehousing Service Providers Directory

JOC Staff | Mar 26, 2018, 2:13 PM EDT

<p>Here is a directory of more than 175 warehousing service providers across the United States.</p>
Logistics technologyIndustrial real estate

US shippers shift warehouses, distribution centers closer to ports

Bill Mongelluzzo, Senior Editor | Mar 15, 2018, 5:52 PM EDT

<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

US warehousing in 2018: Tight supply, higher rent

Bill Mongelluzzo, Senior Editor | Dec 24, 2017, 8:00 AM EST

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

Lease rates rocket amid space crunch near Port NY-NJ

Hugh R. Morley, Senior Editor | Dec 21, 2017, 4:40 PM EST

<p>Tension over the crunch has sparked a number of disputes in recent months.</p>
Industrial real estate

CenterPoint bets on transloading with Oakland logistics hub site

Bill Mongelluzzo, Senior Editor | Nov 28, 2017, 9:36 AM EST

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

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

Joseph Bonney, Senior Editor | Nov 8, 2017, 6:36 AM EST

Consumers’ embrace of e-commerce appears to be permanent.
Industrial real estateLogistics technology

Savannah seeks to expand e-commerce, intermodal rail

Joseph Bonney, Senior Editor | Oct 13, 2017, 10:02 AM EDT

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 portsRailIndustrial real estate

US warehouse lease rate growth expected to decelerate

Hugh R. Morley, Senior Editor | Oct 10, 2017, 5:20 PM EDT

The twin drivers of a strong economy and the e-commerce boom have stoked demand.
Industrial real estate

Warehouses a pinch point for US cotton export surge

Joseph Bonney | Sep 14, 2017, 5:45 PM EDT

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

NY-NJ port importers flock to Lehigh Valley

Hugh R. Morley, Senior Editor | Jul 24, 2017, 3:47 PM EDT

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 estateRail

Private equity makes $11.6 billion bid for GLP

Greg Knowler, Senior Europe Editor | Jul 14, 2017, 3:51 AM EDT

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