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Is This Peak Urban Logistics? Because Investor Interest Can Hardly Get Higher
News

Is This Peak Urban Logistics? Because Investor Interest Can Hardly Get Higher

... .  SEGRO, the biggest REIT involved in the capital’s last-mile delivery sector, sank another £195M into expansion plans. The ... s logistics market.  Outside the capital, today saw the last-mile logistics focused REIT Urban Logistics announce it had deployed ...

Apr 25, 2022
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This Week's Atlanta Deal Sheet: Ackerman Beefs Up I-20 Industrial Portfolio
News

This Week's Atlanta Deal Sheet: Ackerman Beefs Up I-20 Industrial Portfolio

... Atlanta International Airport. Inlight purchased the land for $2M last year, according to Henry County property records. JLL ... and senior associate Kimani Mustafa brokered the sale. *** Last Mile Investments purchased Merchant’s Festival, a 54K SF retail ...

Jun 22, 2023
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Windy City’s Expected Development Boom Discussed At Bisnow's Chicago State Of The Market Event
News

Windy City’s Expected Development Boom Discussed At Bisnow's Chicago State Of The Market Event

... are seeing a similar trend with e-commerce, grocery and last-mile delivery. These types of centers tend to have users ... so multifamily development will continue to rise throughout the skyline. Last quarter, the downtown vacancy rate of office space was at ...

Oct 23, 2024
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California Warehouse Bill Heads To Governor's Desk As CRE Opposition Builds
News

California Warehouse Bill Heads To Governor's Desk As CRE Opposition Builds

... AB 98, passed the state Assembly and the state Senate last week, just hours before the deadline for bills to pass ... and could potentially exclude smaller vehicles like those used for last-mile deliveries, the San Joaquin and Eastern Coachella Valley-based ...

Sep 08, 2024
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Supply, Demand And A Recovering Office Market: Global CRE Outlook For 2025
News

Supply, Demand And A Recovering Office Market: Global CRE Outlook For 2025

... the motorway networks. In particular, there is increased demand for last-mile distribution hubs and larger data centers, he said.  Discussing Scotland ...

Dec 18, 2024
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Code with data centre behind
News

Oaktree Quietly Builds £600M-Plus Data Centre Platform

... previously head of portfolio management at Mileway, the European last-mile logistics business set up by Blackstone. The business was ... and machinery — according to 2022 accounts filed in autumn last year, the most recent public information on the company. ...

Jun 03, 2024
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A truck makes deliveries to e-commerce customers in Manhattan.
News

New Permit Rule For Warehouses Seen As ‘Total Killer’ For NYC Industrial Development

... investor and developer with more than 5.3M SF of last-mile industrial facilities in the Northeast. “Putting a special permit ... is also still interested in acquiring and developing industrial and last-mile space in New York City in spite of new regulations ...

May 30, 2024
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New Cold Storage Facility Coming To Port Richmond, The First Of Several For $3B Joint Venture
News

New Cold Storage Facility Coming To Port Richmond, The First Of Several For $3B Joint Venture

... outlier, being positioned more as a last-mile distribution hub to replace a property FreezPak ... one, but it still gives them last-mile access,” BG Vice President of Capital ... the new site is less than a mile, without turns, from an Interstate 95 exit ...

Jul 29, 2022
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This Week’s Philadelphia Deal Sheet: Veho Leases 149K SF Warehouse In Northeast Philly
News

This Week’s Philadelphia Deal Sheet: Veho Leases 149K SF Warehouse In Northeast Philly

The tech firm signed a lease for the 149K SF space in the Bridge Point Philadelphia campus at 2951 Orthodox St., according to a press release. The site also has a divisible 741K SF industrial space that is still available for rent. Bridge Industrial ...

Nov 07, 2024
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4219 Richmond St. in Bridesburg, Philadelphia is part of a five-address industrial property owned by Thor Equities Group.
News

New York Firm Buys Warehouse Near Philly For $26M

... Jersey, for $25.6M, Bisnow can first report. The property last sold in 2021 for $16M to an LLC registered to ... year for $13M with Thorofare Capital, according to Traded. The last-mile delivery center was anchored by Amazon when Thor purchased it ...

Jul 11, 2024
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