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NY/NJ Distribution Market Was The World's Best For Rent Growth In 2017
News

NY/NJ Distribution Market Was The World's Best For Rent Growth In 2017

... any market in the world in 2017, according to a Prologis report. Rent growth is accelerating for distribution centers all over ... may get hit with sticker shock at their newer rents, Prologis predicts that it will not be enough to slow down ...

Feb 08, 2018
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Prologis' multistory warehouse facility in the Bronx
News

Major Institutions Building First Multistory Warehouses To Solve NYC's Last-Mile Dilemma

... last year from Ariel Property Advisors — industrial developer Prologis is banking on multistory warehouses as the answer. ... existing [industrial land] supply is essentially functionally obsolete.” Prologis, which is the world’s largest warehouse owner, has ...

Jan 03, 2018
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546 Broadway
News

This Week's N.Y. Deal Sheet

... industrial property changed hands in Queens this week. Industrial giant Prologis bought a terminal at 46-81 Metropolitan Ave. from James ...

Jun 15, 2021
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485 Lexington Ave.
News

This Week's N.Y. Deal Sheet

... Chase bank location. Avison Young brokered the deal for JPMorgan.  *** Prologis paid $51M for a radio station at 48-00 Grand ... deal, according to Commercial Observer. The location is near another Prologis warehouse. The building was last sold in 2006 for $5 ...

Dec 01, 2020
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Amazon Grows NYC-Area Presence With 3 More Warehouse Leases
News

Amazon Grows NYC-Area Presence With 3 More Warehouse Leases

... spokesperson confirmed to Bisnow. Amazon also leased 200K SF at Prologis’ 1055 Bronx River Ave. this summer, according to Business Insider ...

Oct 29, 2020
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This Week's N.Y. Deal Sheet
News

This Week's N.Y. Deal Sheet

... by NKF’s Jared Horowitz, Dan Gronich and Jason Perla. Prologis bought a warehouse at 18-51 Flushing Ave. in Queens ...

Jan 28, 2020
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This Week's N.Y. Deal Sheet
News

This Week's N.Y. Deal Sheet

... country, to Blackstone and AEW Capital Management in separate deals. *** Prologis spent $20.8M on two warehouse assets in East Williamsburg ...

Sep 17, 2019
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Not Everyone Is Sold On Multistory Warehouses As The Way Forward For Industrial
News

Not Everyone Is Sold On Multistory Warehouses As The Way Forward For Industrial

... it, it will be a short career.” He pointed to Prologis’ Georgetown Crossroads multistory warehouse in Seattle, the first ground-up ... us have experienced in the course of our careers,” said Prologis East Region President Nick Kittredge, whose firm is pursuing ...

Mar 28, 2019
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15 Things You Need to Know This Morning
News

15 Things You Need to Know This Morning

... Keysite Mezz Loans Arranged By Meridian To Combat Worker Shortage, Prologis Aims To Attract High School Kids To Industrial Workforce Flexible ...

Nov 16, 2018
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Conditions Ripe For More Multistory Warehouses In Densely Populated Cities
News

Conditions Ripe For More Multistory Warehouses In Densely Populated Cities

... .S., CBRE reports. The recently completed three-story, 590K SF Prologis Georgetown Crossroads industrial multistory warehouse in Seattle’s Georgetown neighborhood ...

Oct 29, 2018
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