Industrial
Industry news focusing on lease and sale transactions, as well as construction activity in the fast-moving industrial real estate sector, including warehousing, distribution centers, logistics hubs, manufacturing, and data centers.
Blue Owl Completes Largest Inland Empire Warehousing Acquisition in 2 Years
New York City-based Blue Owl Capital is in the midst of completing the largest single-property industrial acquisition in the Inland Empire, Calif., warehousing market in more than two years….
Walmart Unveils 1.5-Million-Square-Foot Fulfillment Center in Dallas Area
Walmart has unveiled a new fulfillment center in Lancaster, Texas, near Dallas. The expansive facility spans more than 1.5 million square feet and is part of a series…
2 New Leases Signed at New Heights Industrial Park in Maryland
New Heights Industrial Park in in Hagerstown, Md., secured two new tenants at the 900,000-square-foot property owned by Bluestone Group and The Langer Company. Tomu — a prefabricated…
Steel Products Signs Lease for New Headquarters in Frederick, Md.
Steel Products Inc. — a woman-owned company founded in 1954 — recently closed on a deal for 15,000 square feet of flex industrial space at 4724 Arcadia Drive…
ResMed Moves Operations to Calabasas Facility
Medical equipment company ResMed Motor Technologies has announced the relocation of its manufacturing facility from Chatsworth, Calif., to Calabasas, Calif. The company signed a 15-year lease at an…
Freight Carrier Leases 134,000 Square Feet at South Florida Warehouse
Specialized Freight Carrier signed a lease deal at Weston Commerce Park, a Class A warehouse owned by EastGroup Properties. The tenant – a third-party carrier for 3PL that…
Texas Triangle Dominates List of U.S. Cities with Most Vacant Land Available
Cities rise and fall based on the decisions they make regarding the best use of their resources — whether that’s the local talent pool, housing stock or business…
Logistics Plus Leases 374,000-Square-Foot Inland Empire Warehouse
Logistics Plus — a leading worldwide provider of transportation, warehousing, business intelligence and supply chain solutions — has secured a five-year deal to lease a 374,000-square-foot industrial space…
Amazon Nabs 569,000 Square Feet at Bronx Warehouse
The facility’s proximity to Cross Bronx Expressway, Hutchinson River Parkway and the Bruckner Expressway gives Amazon access to more than 9.4 million potential customers within a 15-mile radius — a boon for the e-commerce giant, which has been increasingly focused on last-mile logistics since the start of the pandemic.
Great Central Transport Leases 2 Compton Warehouse Spaces
Trucking, storage and distribution company Great Central Transport has signed two leases totaling 344,000 square feet of industrial space in Compton, Calif. The largest of the two deals included a 200,000-square-foot industrial building at 601-615 W. Walnut St., which is owned by the San Francisco-based warehousing giant Prologis. The second deal was for a roughly 144,000-square-foot property at 921 Artesia Blvd. that’s owned by JPMorgan Asset Management.
