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Prologis Snaps Up Orange County Office Campus For $96M
News

Prologis Snaps Up Orange County Office Campus For $96M

... markets like Orange County,” Cole said.  Demand for last-mile facilities is far outpacing the supply of available land ... Prologis executives described a frenzied market for warehouse and last-mile space.  “As demand surges, having the right logistics ...

Feb 04, 2022
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Two Years After The Pandemic, Much Has Changed. CRE Is Just Fine With That
News

Two Years After The Pandemic, Much Has Changed. CRE Is Just Fine With That

... of Acquisitions Vadim Greenberg said.   As a specialist in last-mile logistics assets, acquiring about 20M SF of such properties ... has been a beneficiary of the pivot to last-mile logistics over the last two years, Greenberg said. "For the industrial ...

Mar 09, 2022
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EXCLUSIVE: Velocity Venture Partners, Walker & Dunlop Buy 3 Suburban Philly Distribution Centers
News

EXCLUSIVE: Velocity Venture Partners, Walker & Dunlop Buy 3 Suburban Philly Distribution Centers

... is hot in industrial real estate right now — last-mile distribution space, repurposing facilities, truck parking, Amazon ... renovating existing facilities into last-mile space.  “They are able to develop critical last-mile distribution facilities in strong ...

Jun 14, 2021
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Blackstone Acquires 1.4M SF DFW Warehouse Portfolio As Manufacturing Moves Closer To Home
News

Blackstone Acquires 1.4M SF DFW Warehouse Portfolio As Manufacturing Moves Closer To Home

... and strong demographic growth, our purchase of this high-quality, last-mile portfolio illustrates our continued conviction of the market.” The explosion ...

Dec 07, 2023
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container ship cargo
News

Shipping Company Gives Baltimore Port A Boost With Expanded E-Commerce Service

... drove e-commerce demand while causing shipping delays.   But last year's economic slowdown, caused by rising interest rates, ... 30M SF and close other facilities. Those closures included two last-mile delivery stations in the Baltimore area.    Baltimore's ...

Feb 10, 2023
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Warehouse.jpg
News

Invesco Acquires Stake In Industrial Real Estate Firm Faropoint

... has acquired more than 400 warehouses totaling 20M SF of last-mile facilities. In October, the company acquired two industrial parks in ...

Nov 29, 2023
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Bronx Logistics Center
News

How Bronx Logistics Center Became The East Coast’s First LEED Platinum Warehouse

In the last few years, New York City has taken steps to ensure ... only a multistory, Class-A industrial project that provides efficient last-mile delivery, but one that also reflected our approach to sustainability ...

Aug 02, 2023
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The Secret To A Successful Design-Build Project? It’s The People
News

The Secret To A Successful Design-Build Project? It’s The People

... , ARCO oversaw the design-build of the multistory, 585K SF last-mile distribution center and its attached 400K SF truck fleet parking ...

Nov 01, 2023
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Why New Jersey's STRO Is Bullish On The Southeast After First Florida Industrial Buys
News

Why New Jersey's STRO Is Bullish On The Southeast After First Florida Industrial Buys

... -bay light industrial infill properties that are well-suited for last-mile delivery. The two properties were acquired with STRO's partner ...

Oct 31, 2023
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When E-Commerce Got Big, Some Retailers Responded By Thinking Small
News

When E-Commerce Got Big, Some Retailers Responded By Thinking Small

... these centers can also help to lower the cost of last-mile transportation, which can benefit a retailer’s bottom line. “ ... costly. Finding creative ways to lower the cost of that last mile is where micro-fulfillment comes in,” Harrold said. Auerbach said ...

Feb 16, 2022
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