INDUSTRY NEWS

Don’t Discount the Older Warehouses

Many of today’s tenants consider older large warehouses—the 100,000-square-foot and above projects built in 2000 and prior—obsolete. Read More

CRG, STAG Kick Off Louisville-Area Industrial Project

The duo will deliver this 500,240-square-foot project next year. Read More

Dermody Launches 10 MSF Logistics Campus

This is expected to be the largest port-area industrial project to get underway in the Southeast this year. Read More

Stream Breaks Ground on LA Industrial Complex

When complete, the campus will total 740,000 square feet. Read More

 

TRANSACTIONS

Baltimore, MD – Galvanize Real Estate Buys Maryland Industrial Portfolio

The properties are located between Baltimore and Washington, D.C. Read More

Savannah, GA – Capital Development Partners Lands $77M for Georgia Project

The industrial development comprises 1.2 million square feet. Read More

Boston, MA – Rhino Capital Acquires Kidde-Fenwal Facility in Off-Market Deal

Rhino Capital Advisors paid $27.87 million for a two-building industrial property totaling 218,316 square feet at 400 Main St. and 50 Leland Ave. in Ashland, MA. Read More

New York, NY – Terreno Acquires LIC Industrial in All-Cash $16M Deal

Terreno Realty has acquired 11-40 Borden Ave., a two-story, 36,000-square-foot industrial property located in Long Island City. Read More

QUOTE OF THE WEEK

“While the headline numbers might show some shifts, the underlying demand for industrial real estate remains robust, particularly in strategic nodes that offer excellent connectivity. We’re seeing diverse demand from e-commerce, third-party logistics, and increasingly, specialized manufacturing, which underscores the sector’s long-term strength.”

– David Egan, Global Head of Industrial & Logistics Research, CBRE.