It hasn't taken very long at all for President Donald Trump's new tariffs on China to cause chaos at the country's largest shipping ports.
Walmart Canada will be building two new supercentres this fiscal year, bringing the total number of Walmart locations across the country to 39.
New Jersey, especially close to New York, is running out of real estate on which to build distribution centers. But those with footprints are feeling good.
Tenants for big-box industrial properties set a new record for leasing in Q1, and the expansion of e-commerce should keep the sector relatively healthy in 2020.
Cabot Properties sells $1.07B industrial portfolio to DRA Advisors.
Amazon and local developer Core Investments are eyeing a 96K SF distribution center off Dorchester Avenue in South Boston.
Amazon, for years the bellwether of the industrial market, is decelerating. But interest in domestic manufacturing might pick up some of e-commerce's slack.
The Baltimore-Washington Corridor's industrial market doesn't have a strong development pipeline or a new stock, but it does have location, which means a lot.
Industrial real estate has seen 33 straight quarters of decreasing vacancy, as demand for distribution centers shows no signs of stopping.
Industrial users set another record for new absorption, and the pent-up demand for consumer products could fuel similar numbers for the rest of 2021.
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