Makarora Management and Ares Alternative Credit's deal is nearly twice Sixth Street Partners’ unsolicited takeover proposal in August.
Several warehouse projects totaling more than 1M SF broke ground across the region this year, with northeast Pennsylvania being a standout submarket.
Analysts expect Amazon to increase its U.S. warehouse footprint by 51M SF this year.
The new industrial park will be built in Glendale, the top industrial submarket in the country in terms of sales volume.
While facing hopefully temporary cost increases, Houston's industrial market still benefits from its port and relative value for developers.
Industrial development in Houston increased three times as much as the U.S. as a whole during the first quarter.
Brighton-Best International is moving its New Jersey operations from Sayreville to Gloucester County.
The UK’s multilet industrial market is at a “turning point," with strengthening occupier activity, according to the latest report from Newmark.
Greater Boston industrial net absorption stood at 1.28M SF at the end of the first quarter, driven by larger tenants reentering the market.
A €500M-plus deal for Henderson Park's Horizon site is set to be the prelude to a huge quarter for the industrial and logistics sector in Ireland.
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