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Innovo Locks Down $155M To Build Five-Story Industrial Building In Queens
News

Innovo Locks Down $155M To Build Five-Story Industrial Building In Queens

... for a new five-story, last-mile distribution facility in Long Island ...  as a solution to providing high-density last-mile distribution of online purchases. As the coronavirus ... the rewards. In the third quarter of last year, industrial leasing in the city was ...

Mar 04, 2021
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Jonathan Rose confirmed license on Feb. 28, 2025.
News

Target Planning 4 New Distribution Centers In Major New Logistics Push

... chain, The Wall Street Journal reports. Shipt Inc., the last-mile delivery startup that Target bought in 2017, will work alongside ... , Target has been pursuing smaller concept offerings for the last few years, signing deals for smaller locations in dense ...

Mar 04, 2022
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New Strategy For Offering Customers A 'Frictionless Experience' Still Hitting Snags For Retailers
News

New Strategy For Offering Customers A 'Frictionless Experience' Still Hitting Snags For Retailers

... there will be a strong emphasis on accuracy in last-mile deliveries, according to DispatchTrack CEO Satish Natarajan, whose company ... leverage artificial intelligence and predictive analytics. Other new last-mile tech will be more visible to the consumer. ...

Dec 20, 2022
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Amazon’s Warehouse Pullback Seen As Opportunity For Upstarts To Play Catch-Up
News

Amazon’s Warehouse Pullback Seen As Opportunity For Upstarts To Play Catch-Up

... too much capacity too fast, Bloomberg reported last month. Amazon has yet to publicly release ... experts who spoke to Bisnow over the last week said the industrial real estate's ...  to slow down its occupancy of new last-mile warehouses. Over the past two years, ...

May 31, 2022
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This Week's Chicago Deal Sheet
News

This Week's Chicago Deal Sheet

... .  “We continue to see strong demand for well-located, last mile logistics real estate across Chicago,” Ben Brudney, a director in ... Wakefield, has become the president at Cresa. Schementi was hired last summer but is just now adopting the position. He brings ...

Aug 09, 2022
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The Sacramento Tower Bridge
News

Capital City: Sacramento Is A Rising Star With Industrial Investors

... in the Sacramento industrial market’s performance in the last few years. In its second-quarter 2022 industrial ... Developers have made good progress with coveted, often elusive last-mile facilities, Sanfilippo said. Speculative development is popular in the ...

Jul 29, 2022
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GIC To Drop $16B More On Real Estate After Recent Spending Tear
News

GIC To Drop $16B More On Real Estate After Recent Spending Tear

... the Paddington Central office complex in west London for £675M.  Last month, it partnered with Dutch pension fund APG to buy ... €4.2B into the €21B recapitalisation of Mileway, Blackstone’s last-mile logistics platform.  In 2021, it formed a $1B JV to ...

Jul 28, 2022
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CEO Of Multinational Firm Weighs In On Industry Response To Inflation
News

CEO Of Multinational Firm Weighs In On Industry Response To Inflation

... leads to demand for more industrial spaces for storage and last-mile delivery. “The sophistication of the supply chain and logistics is ...

Nov 08, 2022
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Irish Logistics Investor Barings Secures €650M For New Investment Vehicle
News

Irish Logistics Investor Barings Secures €650M For New Investment Vehicle

... secured by core-plus and value-add European real estate. Last year Barings agreed 14 loans worth more than €1.1B ... the duo of firms to fund the acquisition of six last-mile light industrial properties in Dublin. The loan had an initial ...

Jul 20, 2022
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2 More Industrial Buildings Landing Near McKinney Regional Airport
News

2 More Industrial Buildings Landing Near McKinney Regional Airport

... created by Callaway Architecture. The facilities will support last-mile and infill industrial demand as the North Dallas suburb ... population growth, which in turn fuels more demand for last-mile deliveries and industrial space.  "With the population growth ...

Jul 13, 2020
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