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This Week's Chicago Deal Sheet
News

This Week's Chicago Deal Sheet

Devine and Colliers’ Steve Disse represented Macquarie in the negotiations. The two-building spec development at the junction of I-55 and I-355 at the eastern end of the I-55 submarket was completed in late 2019. It was 30% occupied at closing. Building A ...

Aug 18, 2020
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Mitsubishi has already identified a buyer to purchase its current 22-acre campus at 6400 W. Katella Ave. in Cypress.
News

Amazon May Snap Up Former Mitsubishi HQ In SoCal

... .  In 2013, residents in nearby cities protested against a planned Prologis distribution center on a 33-acre site next to the ... Los Alamitos Race Course. Prologis eventually abandoned the project after an ongoing uproar over traffic ...

Jun 15, 2020
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From Tracking Shoppers To Tenant Gym Schedules, Landlords Embrace Tech
News

More Landlords Leveraging Tech To Improve Customer Service, Internal Operations

... analytics company that automated the property inspection process of Prologis' buildings. The partnership resulted in improving the company' ... and where a person goes while in the area. Prologis is looking at data to better understand market opportunities. ...

Jun 25, 2018
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Philadelphia Industrial Market Weathers Pandemic As New York Activity Spills Over
News

Philadelphia Industrial Market Weathers Pandemic As New York Activity Spills Over

... the Big Apple at lower rates. San Francisco-based Prologis completed the acquisition of Liberty Property Trust of Malvern ... key markets, including Pennsylvania and New Jersey.  During Prologis' recent earnings conference call with Wall Street analysts, Chief ...

May 10, 2020
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4 Economic Trends That Will Impact Industrial Real Estate
News

4 Economic Trends That Will Impact Industrial Real Estate

... warehouse, so it would have no impact on Prologis’ assets.  “The Prologis portfolio is positioned at the consumption end of ... industrial product in the U.S. In Seattle, Prologis is developing Prologis Georgetown Crossroads, a three-story, 590K SF facility ...

May 07, 2018
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hgv truck lorry
News

UK Logistics: The Sector To Watch As Coronavirus Changes Real Estate

... -commerce,” Thorpe said. This echoes the conclusions tentatively reached by Prologis, and the pivot to urban logistics by M&G Real ... Estate. Prologis said last week that resilient supply chains will ride out ...

Mar 24, 2020
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Georgetown Crossroads
News

E-Commerce Means The Future For Investors Lies In Warehouses

... commerce has taken a solid business and "turbocharged it," Prologis CEO Hamid Moghadam told Bloomberg. Online retailers not only require ... over the last mile, replacing standard retail. Currently, at Prologis e-commerce accounts for about 10% of revenue, but ...

Apr 15, 2018
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Truck Parking Could Be The Next Real Estate To Benefit From E-Commerce Boom
News

Truck Parking Could Be The Next Real Estate To Benefit From E-Commerce Boom

... , independent operators. For major industrial or supply-chain players like Prologis, "operating a parking lot is not what they are set ... said, he will get gobbled up by a company like Prologis, which would be fine by him. "I'm ready to ...

Feb 26, 2020
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DPD Ireland is introducing electric vehicles for delivery in Dublin city centre
News

Investors Pile Into Frantic Manchester Last-Mile Warehouse Scene

... . Competition for last-mile locations is now intense. Last week Prologis acquired a North London retail park as the logistics property ... in on retail sites as potential last-mile delivery locations. Prologis paid £51.4M for the 128K SF site at Ravenside ...

Jan 14, 2020
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Industrial Development Just Can't Come Fast Enough. Here's Why.
News

Industrial Development Just Can't Come Fast Enough. Here's Why.

... region alone. He expects the deal to be accretive to Prologis' income stream and overall effectiveness. The KTR properties were ... term, patient capital, he says land banking is part of Prologis' toolkit to get things accomplished, especially in infill areas. ...

Aug 19, 2015
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