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.
Home Depot Leases 500,000 Square Feet at Duke Realty Warehouse in LA County
Home Depot inked a lease deal that will allow it to fully occupy Duke Realty’s newly built smart industrial building in Los Angeles County. The 529,866-square-foot Irwindale, Calif., industrial space is equipped with a building automation system (BAS), smart metering system, solar panels and high-efficiency air conditioning units.
U.S. Energy Production and Consumption in 2021: On Its Way to Recovery, Commercial Usage Grows 3% Y-o-Y
2021 was marked by several attempts at resuming life and work, albeit within a changing and challenging new environment. Industrial power consumption picked up, and residential usage increased further still, but it’s important to note that remote working hasn’t made offices obsolete – as news of big companies either investing in prime real estate, renewing, or expanding their leases has continued to pour in. However, it has shifted expectations regarding the future of workspaces – not in the least in terms of optimizing energy usage.
Welcome Group Makes 1st South Carolina Industrial Acquisition
The company’s portfolio includes more than 6 million square feet across more than 130 industrial properties in key Texas and Southeast U.S. markets.
Longpoint Fetches Miami-Dade Warehouse for $59 Million
“Aventura Industrial Center is strategically located along the Golden Glades interchange, one of the largest interchanges in South Florida where four of the tri-county’s most important roads and highways converge,” said Lobón, an executive vice president at CBRE. “This central location provides equidistant connectivity to each county’s principal growth driver: Miami International Airport, Fort Lauderdale International Airport, Port of Miami and Port Everglades.”
Expert Roundup: Brokers Discuss Industrial Real Estate
Since the pandemic started affecting the U.S. economy last March, industrial real estate has proven to be the bright point in an otherwise challenging real estate market. As…
See Where Industrial Real Estate is Heading in 2021 at the Bisnow Broker Roundtable
On Wednesday, March 31, Bisnow is partnering with CommercialEdge to bring you the National Industrial Broker Roundtable at 12:30 p.m. CDT. Panelists will be bringing their expert insights…
U.S. Energy Consumption 2020 Update: 22 States Witness 2-Digit Drops in Industrial Power Usage
The pandemic has been the ultimate black swan event of the past decade. Not only did it require changes in the way individuals and groups interact, but also…
Lights Out! U.S. States Where Energy Consumption Rose or Fell During Lockdown
COVID-19 has put a damper on the hubbub of our interconnected societies, forcing us into an economic cooldown. As a result, the effects have spilled over into the…
Expert Insights: Paul Marko Discusses State of South Florida CRE
Paul Marko underlined the strengths of the South Florida market in comparison to other primary commercial real estate markets, as well as analyzing the state of asset classes in CRE and looking at what the future of the industry might look like.
Expert Insights: Ora Reynolds Analyzes CRE Asset Classes, Kansas City CRE Market & Online Marketing
Innovative technologies like virtual reality, online marketing and the availability of big data were already transforming commercial real estate (CRE) before the pandemic. Social distancing measures alongside widespread…
