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Prologis Considering Developing Studio Space In LA's Arts District
News

Prologis Considering Developing Studio Space In LA's Arts District

... location for warehouse and distribution space, particularly the coveted last-mile variety. In January 2021, when Prologis bought the property ... of the existing improvements to create a low-coverage last-touch facility." In its third-quarter earnings call, ...

Nov 28, 2022
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Shopify Aims To Avoid Pitfalls Of Amazon As It Rolls Out 'Elastic Warehouse Capacity'
News

Shopify Aims To Avoid Pitfalls Of Amazon As It Rolls Out 'Elastic Warehouse Capacity'

... Amazon. After purchasing fulfillment and order storage provider Deliverr last year for $2.1B, the company is building out ... software and network partners, including warehouses, carriers and last-mile delivery providers —all while keeping Shopify’s own real ...

Mar 16, 2023
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‘We Can't Play A Zero-Sum Game’: Queens Borough President On Development Battles, Housing Crisis
News

‘We Can't Play A Zero-Sum Game’: Queens Borough President On Development Battles, Housing Crisis

... of that or risk having the site turned into a last-mile distribution facility. That kind of negotiation, that kind of deal ... Queens that has garnered significant attention in recent months. So last year, the city broke ground on a development there that ...

Oct 19, 2022
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Portfolio Of Small South Jersey Warehouses Sells For $195M After Doubling Rent
News

Portfolio Of Small South Jersey Warehouses Sells For $195M After Doubling Rent

A portfolio of last-mile distribution centers in the South Jersey township of Pennsauken has ...

Jun 28, 2023
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Cargo Truck
News

GreenPoint Launches Platform To Acquire $500M In Industrial Outdoor Storage

... any number of other goods, including recently arrived imported cars, last-mile delivery vans or PVC piping. As the demand for deliveries ...

Mar 09, 2023
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containers storage
News

The New Post-Pandemic Asset Class That Is More Than Just A Waste Of Space

... good condition, well-located, suitable for HGV parking and for last-mile logistics. The amount of land required is changing, too, as ... last-mile users insist on lower site densities to allow more space ...

Nov 10, 2021
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GoLocal
News

Walmart Launches Delivery Service For Other Retailers

... vehicle startup that Walmart invested in last year, as well as autonomous vehicle ... ve worked hard to develop a reliable last-mile delivery program for our customers,” Walmart U ... .S. Senior Vice President, Last Mile Tom Ward said in a statement. “Now ...

Aug 24, 2021
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Goldman Sachs Division, Dalfen Acquire 11 Industrial Properties
News

Goldman Sachs Division, Dalfen Acquire 11 Industrial Properties

... The Goldman Sachs Merchant Banking Division and Dalfen acquired 11 last-mile properties in Fort Worth, Denver, West Palm Beach, ... with the addition of 11 more best-in-class, last-mile industrial properties in key markets,” President and Chief Investment ...

Dec 08, 2020
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Oxford Properties In Talks To Buy Top Industrial Fund Manager
News

Oxford Properties In Talks To Buy Top Industrial Fund Manager

... under management.  It invested in the light-industrial and last-mile logistics sector on behalf of Blackstone, creating the platform ... became the U.S. giant’s €11B Mileway European last-mile business.  Oxford Properties, led in Europe by Joanne McNamara, ...

Dec 04, 2020
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Bay Area Ports Hopeful For Turning Point In 2022
News

Bay Area Ports Hopeful For Turning Point In 2022

... .5%.The strongest tenants in the market tend to be last-mile, biotech and tech tenants.  Demand for industrial operations and ... leasing volume and new lease agreements dropped steadily over the last three years according to the report, dropping from 76 new ...

Nov 09, 2022
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