INDUSTRY NEWS
Industrial Report: Automation and AI Shape Future Demand
How users are optimizing their networks to accommodate the latest technologies, according to CommercialEdge. Read More
Proposed Tariffs Contribute To Prologis Downgrade At BMO Capital
Investment bank BMO downgraded industrial REIT Prologis, one of the world’s largest logistics facilities owners. Read More
Utz Opens Pennsylvania Industrial Facility
This will be the company’s primary logistics hub. Read More
Wise Foods Upsizes in Totowa Industrial Lease
WBE arranged a 61,000-square-foot industrial lease for salty snack maker Wise Foods at 70 Maltese Dr. in Totowa, NJ. Read More
TRANSACTIONS
Miami, FL – Link Spins Off $205M Sunrise Industrial Property
Link Logistics sold four industrial properties in Sunrise for a combined $205.5 million. Elion Partners was the buyer. Read More
Chicago, IL – Lilly Earmarks $3B for Metro Chicago Facility
Construction on the plant expansion will kick off next year. Read More
Boston, MA – B&D Holdings Buys Boston-Area Industrial Facility
QUOTE OF THE WEEK
“Industrial remains a bright spot in the commercial real estate landscape. We’re seeing strong leasing activity, rent growth, and investor demand, even with some broader economic headwinds.”
– Kevin Thorpe, Chief Economist, Cushman & Wakefield