Industrial Real Estate Newsletter November 2024

INDUSTRY NEWS

BNSF’s Plan for Huge Industrial Park Moves Forward

The project will be part of a $3.2 billion rail and logistics center near Phoenix.  Read More

Jax Port Industrial Properties Turn Over

Investment firm Stonepeak acquired nine logistics properties totaling 1.8 million square feet near the Port of Jacksonville. Read More

Industrial Report: Why Things Are Looking Up for Ports, Supply Chains

Plus the latest from CommercialEdge on the sector’s key metrics.  Read More

Why Industrial Outdoor Storage Will Always Be In

Simi Capital Group Managing Partner Andrew Skydell on market dynamics and the competitive advantages this niche offers. Read More

TRANSACTIONS

Los Angeles, CA – Clarion Partners JV Wraps Los Angeles Industrial Project

One of the project’s standout features is a mural honoring Los Angeles’ cityscape and heritage. Read More

Tampa, FL – Rockpoint, Greystar Partner on Tampa-Area Project

This is Pinellas County’s largest industrial development in more than two decades. Read More

Kansas City, MO – Kansas City Industrial Development Pipeline Balloons YOY

This is one of the most active Midwestern markets, according to CommercialEdge. Read More

Monmouth, NJ – Woodmont and Sagard Ink 104 KSF New Jersey Industrial Lease

A 3PL company agreed to occupy the space for 65 months. Read More

Dallas, TX – KDC Completes Distribution Center Near Dallas

The largest electric transmission and distribution company in Texas will occupy this build-to-suit. Read More

Fort Worth, TX – Transwestern Wraps Up Fort Worth Industrial Campus

This complex totals more than 900,000 square feet. Read More

QUOTE OF THE WEEK

“With less than 2.0% vacancy and over 91 million SF, Knoxville is one of the tightest industrial markets in the country. We were very fortunate to uncover this off-market acquisition and hope to aggregate more like-kind product in the market.”

 – Zeke Faham, CIO of Box Equities.