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Houston’s Industrial Buildings Are Getting Bigger
News

Houston’s Industrial Buildings Are Getting Bigger

... to Amazon,” Vigavi Realty Development Associate Christen Hatfield said. “Last-mile distribution is one of the highest in demand. And ... but for the biggest users who are zeroing in on last-mile delivery needs, location is everything. “The question becomes at ...

Dec 02, 2020
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7 Months Of European War Hasn't Dented Investor Confidence In Euro Sheds
News

7 Months Of European War Hasn't Dented Investor Confidence In Euro Sheds

... exposed to Russian economic pressure. Prologis has acquired a European last-mile warehousing portfolio from Crossbay, the urban logistics platform of MARK ...

Sep 15, 2022
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An Amazon Warehouse
News

Amazon's Logistics Pullback Grows To Affect 66 Warehouses

... the 15 operating facilities that Amazon has closed, 14 were last-mile warehouses in urban areas that had other facilities close by ...

Sep 12, 2022
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Former Necco Factory Sells For $355M
News

Former Necco Factory Sells For $355M

... candy factory in Revere expected to operate as a last-mile distribution facility for Amazon has fetched a hefty sales price ... Necco wafers and Clark Bars at the facility.  But last-mile warehouses are now in higher demand than candy manufacturing in ...

Feb 04, 2020
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Cain International CEO Jonathan Goldstein
News

Cain International Withdraws $250M Real Estate-Focused SPAC

... It, like many special purpose acquisition companies formed in the last year, was unsuccessful in finding a privately held company to ... commerce world, the need for logistics hubs, the need for last-mile logistics — the need for all these areas is hugely ...

Mar 08, 2022
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HSBC Tower
News

Innovo’s $855M Deal For Fifth Avenue Tower Hits Financing Snag

... the purchase. Chung’s Innovo Property Group reached a deal last year to buy the 30-story tower at 452 Fifth ... Nan Fung Group, has made a name for itself developing last-mile logistics facilities in New York's outer boroughs. The HSBC ...

May 16, 2022
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Singaporean REIT Makes Big Chicago Industrial Buy In What Could Be A Wave Of U.S. Purchases
News

Singaporean REIT Makes Big Chicago Industrial Buy In What Could Be A Wave Of U.S. Purchases

... growth strategy in developed markets, buying well-located, highly occupied last-mile assets. In a release, Ascendas pointed to Chicago’s position ... ranked first in the nation in terms of net absorption last year, per JLL, pushing past 2019 and 2020 combined. ...

May 12, 2022
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The industrial property at 8700 Ritchie Drive in Capitol Heights.
News

Pinkard Group Buys Industrial Building In Prince George's County

... records show. The property, built in 1999, last sold in 2000 for $4.8M, property records ...  in the D.C. area over the last several months. Developers have been looking to ... , is currently developing a 160K SF last-mile warehouse at 716 Ritchie Road, less than ...

Nov 06, 2020
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This Week’s London Deal Sheet
News

This Week’s London Deal Sheet

... Park Royal and Watford, include more than 362K SF of last-mile logistics accommodation, spanning a total of 17 acres. They are ...

Aug 18, 2022
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Allianz Acquires Stake In 6.1M SF Industrial-Focused JV With Crow Holdings
News

Allianz Acquires Stake In 6.1M SF Industrial-Focused JV With Crow Holdings

... and Fort Worth.  Developer Crow Holdings has experience building out last-mile-focused assets and managing strategic industrial assets across the U ... , even dropping slightly to 5.8% as e-commerce and last-mile delivery demand grew during the pandemic. 

Dec 03, 2020
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