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

Economist Kemmsies joins Jones Lang LaSalle

JOC Staff | Apr 7, 2016, 4:25 PM EDT

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

E-commerce growth squeezing tight industrial real estate market

Peter T. Leach, Editor-at-Large | Apr 3, 2016, 9:00 AM EDT

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

2016 Directory of Warehousing Service Providers

JOC Team | Mar 24, 2016, 12:30 PM EDT

<p>A directory of US warehousing and service providers in 2016.</p>
Industrial real estate

Developer Goodman takes control of Brazil logistics property platform

Greg Knowler, Senior Europe Editor | Mar 16, 2016, 11:41 PM EDT

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

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

Bill Mongelluzzo, Senior Editor | Feb 26, 2016, 3:38 PM EST

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

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

Greg Knowler, Senior Europe Editor | Feb 16, 2016, 8:40 PM EST

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

GLP expands China footprint amid slowdown

Greg Knowler, Senior Europe Editor | Feb 4, 2016, 5:27 AM EST

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

High US industrial real estate absorption forecast for one more year

Bill Mongelluzzo, Senior Editor | Jan 25, 2016, 6:06 PM EST

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 regulationIndustrial real estate

DB Schenker consolidates India warehouse footprint

JOC Staff | Dec 22, 2015, 9:04 AM EST

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

Goodman China partners inject $1.25 billion into logistics fund

Greg Knowler, Senior Europe Editor | Dec 22, 2015, 3:37 AM EST

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

US industrial demand forecast to exceed space in 2016

Bill Mongelluzzo, Senior Editor | Dec 18, 2015, 5:40 PM EST

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

ODFL expands LTL trucking footprint in St. Louis, Midwest

William B. Cassidy, Senior Editor | Dec 14, 2015, 11:25 AM EST

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

S&S Activewear to speed distribution with Kansas distribution center

JOC Staff | Dec 7, 2015, 5:47 PM EST

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 estateTrucking

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

JOC Staff | Nov 9, 2015, 12:34 PM EST

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

NJ warehousing vacancies lowest since before recession

Dustin Braden, Assistant Web Editor | Oct 13, 2015, 1:43 PM EDT

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

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

Reynolds Hutchins, Associate Editor | Oct 6, 2015, 7:27 PM EDT

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

Home Depot opens largest e-commerce fulfillment center

William B. Cassidy, Senior Editor | Sep 21, 2015, 6:55 PM EDT

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

Trumpeting logistics job salaries could help industrial developers get permits

Bill Mongelluzzo, Senior Editor | Sep 20, 2015, 9:00 AM EDT

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

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

Dustin Braden, Assistant Web Editor | Sep 16, 2015, 4:33 PM EDT

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

Widespread inventory 'de-stocking' softens US freight markets

William B. Cassidy, Senior Editor | Aug 24, 2015, 12:22 PM EDT

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 estateTrucking

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

Reynolds Hutchins, Associate Editor | Aug 18, 2015, 5:49 PM EDT

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

Macy’s ups e-commerce ante against Amazon

Reynolds Hutchins, Associate Editor | Aug 12, 2015, 4:46 PM EDT

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

Amazon to open Chicago-area fulfillment center

JOC Staff | Aug 11, 2015, 11:14 AM EDT

Industrial real estate

E-commerce sparks demand for smaller distribution centers

Joseph Bonney, Senior Editor | Aug 10, 2015, 11:58 AM EDT

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

Chicago inland port gains logistics provider, shipper tenants

JOC Staff | Aug 6, 2015, 6:03 PM EDT

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

New Gerber DC to give Charleston port boost

Dustin Braden, Assistant Web Editor | Aug 6, 2015, 4:30 PM EDT

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

London Gateway logistics hub invites experimentation

Jem Newton, Special Correspondent | Aug 3, 2015, 6:00 AM EDT

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

Dollar Tree to add East Coast DC in South Carolina

William B. Cassidy, Senior Editor | Jul 13, 2015, 5:17 PM EDT

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 estateTruckingRail

NJ distribution center rents rise in tight market

JOC Staff | Jul 10, 2015, 3:29 PM EDT

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

Wal-Mart adds warehouses to expand north China distribution

Greg Knowler, Senior Europe Editor | Jul 10, 2015, 5:07 AM EDT

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

US cold storage expands at healthy clip

Bill Mongelluzzo, Senior Editor | Jul 8, 2015, 2:59 PM EDT

The U.S. cold storage industry has grown at an average annual rate of 9.3 percent the past seven years, and further growth is anticipated as this niche industry mirrors the country’s economic expansion, according to a report published by Cushman & Wakefield.
Industrial real estate

Nevada tapped as best place for US advanced manufacturers

Reynolds Hutchins, Associate Editor | Jun 25, 2015, 5:37 PM EDT

Northern Nevada tops the list for shippers in advanced manufacturing interested in returning to or expanding existing facilities in the U.S., according to recent study from a national site-selection firm. And while the cost of logistics didn’t figure quantitatively into the firm’s ultimate rankings, total landed costs did.
Industrial real estateRailTrucking

Hong Kong private equity firm buys into China warehousing sector

Greg Knowler, Senior Europe Editor | Jun 24, 2015, 10:39 PM EDT

China’s rapidly developing logistics property business continues to attract investment from outside the industry with a Hong Kong-based real estate private equity firm the latest to jump into the booming warehousing market.
Industrial real estate

Hoosier state is a slam dunk for global shippers, report says

JOC Staff | Jun 22, 2015, 5:49 PM EDT

Indiana is the place to set up shop if you’re a logistics firm or a shipper looking for a state with global market appeal, according to an Indiana state manufacturing and logistics initiative.
TruckingIndustrial real estate

New Tampa logistics park guns for e-commerce shippers

JOC Staff | Jun 22, 2015, 5:28 PM EDT

Florida shippers and manufacturers in the Tampa Area Bay can use a new 1,400-acre logistics park to distribute goods, particularly e-commerce items, from the nearby port and other directions leading to the growing population center.
Industrial real estate

Toys “R” Us opens French distribution center

JOC Staff | Jun 16, 2015, 11:52 AM EDT

Toys“R”Us has opened a 550,000-square-foot distribution center in Saint-Fargeau-Ponthierry, France, to consolidate operations previously performed by three fulfillment centers in the country.
Industrial real estate

US manufacturing growth building demand for industrial real estate

Bill Mongelluzzo, Senior Editor | Jun 15, 2015, 3:20 PM EDT

Developers of industrial real estate are expanding their portfolios beyond big-box distribution centers for supply chain logistics to include manufacturing facilities and warehouses to serve manufacturers in the U.S. and Mexico.
Industrial real estate

Logistics center planned for ex-steel mill site near Baltimore

JOC Staff | Jun 5, 2015, 4:17 PM EDT

A 3,100-acre tract near Baltimore that was once was the site of one of the largest steel mills and shipyards in the United States will be marketed as a logistics and manufacturing center.
Industrial real estate

Five Below opens million-square-foot NJ distribution center

Joseph Bonney, Senior Editor | Jun 2, 2015, 11:00 AM EDT

Retailer Five Below has opened a 1,015-square-foot distribution center in southern New Jersey that will serve 300 of the company’s stores in the eastern United States.
Industrial real estate

Target doubles down on e-commerce after Canadian stumble

Reynolds Hutchins, Associate Editor | Jun 1, 2015, 6:15 PM EDT

After its first foray into an international market ended in a billion dollar loss last year, Target is once again embracing new additions to its supply chain. This time they’re playing it safe, though, investing in a market where they have a proven track record: the Internet.
Industrial real estate