New York Firm Buys Warehouse Near Philly For $26M
The acquisition marks Thor Equities Group's second industrial property in the Philadelphia market.
The acquisition marks Thor Equities Group's second industrial property in the Philadelphia market.
Link Logistics operates over 500M SF of logistics real estate but it has focused on creating an award-winning digital platform for customers.
Rexford ended Q2 with a vacancy rate of 2.7%.
The bill goes into effect Jan. 1 and is staunchly opposed by commercial real estate.
Kimberly Clark announced plans to build new manufacturing facilities in Ohio and South Carolina.
It had leased the space in 2022, before the facilities were even completed.
More than 45M SF of speculative industrial development delivered in the first quarter without a tenant in place, according to Cushman & Wakefield.
Prologis, one of the largest industrial REITs, may not be immune to the headwinds facing the industry.
Amazon has submitted plans for new facilities in states across the country.
Gov. Gavin Newsom has until Sept. 30 to either sign or veto the bill.
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