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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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Moody's office
News

This Week's London Deal Sheet

... Goods Yard, East London, into a rail freight campus and last-mile logistics hub has been approved by the London Legacy Development ...

Oct 23, 2024
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Atlanta Distribution Magnate Moving Into Industrial Real Estate In Affluent Neighborhoods
News

Atlanta Distribution Magnate Moving Into Industrial Real Estate In Affluent Neighborhoods

... Amazon that have been voracious in their appetite for last-mile distribution hubs, especially in affluent communities. “The traffic ... businesses. “This development speaks to the accelerating demand for last-mile delivery, as well as the growth of North Fulton ...

Sep 08, 2021
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Industrial Firm Faropoint Enters Florida Market With $200M In Planned Acquisitions
News

Industrial Firm Faropoint Enters Florida Market With $200M In Planned Acquisitions

... state of Florida and believe fundamentals will continue to make last-mile investment across the state worthwhile," Faropoint Vice President and ... markets in the eastern U.S. to bulk up its last-mile network, according to its website. In 2021, the firm ...

Jan 28, 2022
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The Secret Life Of Product Returns Could Boost Industrial Leasing
News

The Secret Life Of Product Returns Could Boost Industrial Leasing

... has captured the mind and attention of executives in the last five to seven years.” Billions of dollars have been ... person, the customer is effectively replacing the role that a last-mile delivery driver plays in traditional logistics, Ng said.  From there ...

Sep 25, 2024
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Is Office-To-Industrial Part Of The Obsolete-Office Solution? One City Is About To Find Out
News

Is Office-To-Industrial Part Of The Obsolete-Office Solution? One City Is About To Find Out

... ’s infill portfolio is attractive to developers looking to support last-mile logistics. But as available sites become harder to find, ... functional obsolescence or underperforming office assets, and for the last few years there’s been a huge push for adaptive ...

Mar 22, 2024
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