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

US e-commerce sales break another quarterly record

JOC Staff | May 19, 2015, 5:40 PM EDT

Online retails sales in the U.S. marked another record-breaking quarter in the first three months of 2015 after an especially harsh winter kept many consumers inside, shopping from the warmth of their own homes.
Industrial real estateLTL

BNSF Kansas City logistics park expands

JOC Staff | May 6, 2015, 1:42 PM EDT

One developer is betting big on BNSF Railway’s Kansas City logistics park. NorthPoint Development this week announced the construction of a 822,104-square-foot speculative building at the park.
Industrial real estate

General Mills plans multimodal British distribution hub

William B. Cassidy, Senior Editor | Apr 27, 2015, 2:33 PM EDT

General Mills will be the first tenant at a tri-modal logistics facility near Manchester, England, set to open next year. The inland port will offer rail, truck and short-sea shipping links.
Industrial real estateTruckingRail

US logistics real estate markets get tighter, pushing up rents

William B. Cassidy, Senior Editor | Apr 27, 2015, 1:06 PM EDT

Available warehousing and distribution space is getting harder to find and more expensive as demand outpaces construction, according to Jones Lang LaSalle.
Industrial real estateTrucking

Panama on a path to become manufacturing and logistics hub

Alan M. Field, Contributing Editor | Mar 31, 2015, 11:30 AM EDT

Development of Panama Pacifico, a master-planned community located on the former U.S. Howard Air Force Base near the canal, offers more than 516,000 square feet of expansions and new development projects, and the site has more than 365,000 square feet of available Class A office space, allowing for long-term growth opportunities.
Industrial real estate

Temperature-controlled cargo facility near Delhi opens

JOC Staff | Mar 25, 2015, 9:18 AM EDT

State-owned logistics provider Container Corporation of India has opened a $1.6 million temperature-controlled facility in Adarsh Nagar, near Delhi, the latest investment in line with parent Railways’ fiscal year 2015-16 budget plan announcement last month.
Industrial real estateCool Cargoes

CN plans intermodal logistics hub for greater Toronto region

Mark Szakonyi, Executive Editor | Mar 17, 2015, 5:19 PM EDT

Canadian National Railway on Tuesday announced plans to build a $196 million intermodal and logistics hub outside of Toronto as its existing terminal serving Canada’s largest urban center nears capacity and regional freight demand builds.
North-American railIndustrial real estate

GLP to build on leases as US logistics platform deal signed off

Greg Knowler, Senior Europe Editor | Feb 26, 2015, 9:39 PM EST

Singapore-based Global Logistic Properties Limited (GLP) has completed the acquisition of one of the largest logistics platforms in the U.S. for $8.1 billion.
Supply ChainIndustrial real estate

Home Depot adds $1 billion in e-commerce revenue

William B. Cassidy, Senior Editor | Feb 25, 2015, 3:43 PM EST

Industrial real estateTrucking

Study finds wide range in DC operating costs

Joseph Bonney, Senior Editor | Feb 24, 2015, 2:00 PM EST

Annual costs to operate a hypothetical 500,000-square-foot distribution center with 150 employees could range from $11.3 million to $15 million among U.S. cities surveyed by a national site-selection company.
Industrial real estate

Industrial real estate activity takes off in Kansas City

Mark Szakonyi, Executive Editor | Feb 13, 2015, 2:40 PM EST

After attracting only one tenants — a government agency— in roughly eight years, a former U.S. Air Force base turned logistics park in the Kansas City area has announced three new shipper tenants in a span of five months.
Industrial real estate

Rite Aid to build South Carolina distribution center

JOC Staff | Feb 5, 2015, 3:46 PM EST

Drugstore chain Rite Aid Corp. plans to build a 900,000-square-foot distribution center in Spartanburg, South Carolina., that will consolidate three existing DCs and serve 1,000 stores in the Southeast U.S.
Industrial real estate

Freight growth to keep US industrial space absorption strong

Bill Mongelluzzo, Senior Editor | Feb 3, 2015, 6:44 PM EST

Main drivers of industrial real estate — cargo volumes at seaports, rail freight volumes, gains in gross domestic product, increasing retail sales and a gradually improving housing market — all indicate net positive absorption will continue.
Industrial real estate

Tight Hong Kong warehouse supply will test logistics budgets this year

Greg Knowler, Senior Europe Editor | Jan 28, 2015, 12:16 AM EST

A scarce supply of industrial land will continue to push up warehouse rentals in Hong Kong, keeping landlords in the pound seats while ramping up operating costs for third party logistics providers.
Supply ChainIndustrial real estate

Robust 2-year forecast for US industrial real estate

Bill Mongelluzzo, Senior Editor | Jan 27, 2015, 7:51 PM EST

Demand for U.S. industrial property will remain strong for at least the next 24 months even though the market for manufacturing and distribution facilities has experienced four years of continuous growth, according to the latest U.S. Industrial Outlook published this week by CBRE Research.
Industrial real estate

Shanghai warehouse supply to rise sharply this year, Colliers says

Greg Knowler, Senior Europe Editor | Jan 26, 2015, 1:43 AM EST

Supply ChainIndustrial real estate

Project to help expand development at BNSF Kansas City

JOC Staff | Dec 10, 2014, 1:16 PM EST

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 railIndustrial real estate

CenterPoint shores up Pacific Northwest strategy with two-property purchase

JOC Team | Dec 8, 2014, 4:43 PM EST

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

GLP makes giant move into US logistics real estate

Greg Knowler, Senior Europe Editor | Dec 8, 2014, 2:52 AM EST

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 ChainIndustrial real estate

Two 3PLs tap e-commerce demand in Tianjin with new facilities

JOC Team | Nov 18, 2014, 3:23 PM EST

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

Record Alibaba ‘Singles’ Day’ sales reveal China delivery challenges

Greg Knowler, Senior Europe Editor | Nov 12, 2014, 4:37 AM EST

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

BNSF’s Kansas City logistics park gains momentum with new tenant

JOC Staff | Oct 31, 2014, 4:51 PM EDT

BNSF Railway’s relatively new intermodal terminal in the Kansas City area has attracted another shipper and fueled speculative industrial warehouse construction.
Intermodal providersIndustrial real estate

Home Depot’s plans cement Calgary as distribution hub

Mark Szakonyi, Executive Editor | Oct 31, 2014, 2:28 PM EDT

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

JLL: Industrial vacancy rates at a 6-year low

JOC Team | Oct 30, 2014, 2:41 PM EDT

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

Amazon completes European distribution network

JOC Staff | Oct 29, 2014, 5:21 PM EDT

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

Virginia inland port attracts furniture maker

Grace M. Lavigne, Associate Web Editor | Oct 29, 2014, 3:07 PM EDT

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

Inland ports growing more important in shipper supply chains

Bill Mongelluzzo, Senior Editor | Oct 24, 2014, 10:07 AM EDT

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

Katoen Natie opens $50 million Singapore terminal extension

JOC Staff | Oct 20, 2014, 5:14 PM EDT

Industrial real estate

Goodman signs up IKEA in China deal

Greg Knowler, Senior Europe Editor | Oct 16, 2014, 4:08 AM EDT

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

Asian middle class growth full of promise, challenges

Mark Szakonyi, Executive Editor | Oct 15, 2014, 4:45 AM EDT

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

E-commerce growth reshapes traditional supply chains

Grace M. Lavigne, Associate Web Editor | Oct 13, 2014, 3:23 PM EDT

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

E-commerce fulfillment model still up in the air

Bill Mongelluzzo, Senior Editor | Oct 9, 2014, 5:31 PM EDT

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

Southern California industrial real estate market heats up

Bill Mongelluzzo, Senior Editor | Oct 9, 2014, 10:44 AM EDT

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

Guangzhou DC opened by Yusen to focus on consumer goods

Grace M. Lavigne, Associate Web Editor | Oct 8, 2014, 8:25 PM EDT

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

Home Depot opens second fulfillment center dedicated to e-commerce

William B. Cassidy, Senior Editor | Oct 2, 2014, 2:31 PM EDT

Home Depot is expanding its brick-and-mortar infrastructure to support growing online sales.
Industrial real estate

Distribution center growth ‘disciplined’ around US ports

Joseph Bonney, Senior Editor | Sep 2, 2014, 2:50 PM EDT

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

Shippers increasingly opening distribution centers near intermodal hubs

Mark Szakonyi, Executive Editor | Aug 19, 2014, 12:52 PM EDT

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

Singapore logistics group CWT to build giant logistics complex

Greg Knowler, Senior Europe Editor | Aug 8, 2014, 4:13 AM EDT

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

Infrastructure program could heat up India’s cold chain growth

Stephanie Nall, Cool Cargoes Editor | Aug 5, 2014, 8:44 PM EDT

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 CargoesIndustrial real estate

Japanese duo to buy stake in Chinese logistics property developer

Hisane Masaki | Jul 13, 2014, 7:39 PM EDT

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