Amazon.com Inc.
Amazon Brings 855 KSF Fulfillment Center to CT
The facility in North Haven, which will generate 1,500 full-time jobs, is upping the retail giant’s total to three sites in the state, joining those in Wallingford and Windsor.
Opening of Waukegan Amazon Distribution Center on Track
The new facility bears the signature of Bridge Development Partners and is expected to be fully functional by the end of July 2017.
Amazon Web Services Creates 1.5K Jobs in VA
The cloud services division of Amazon.com will take over the 406,855-square-foot Class A building at 13200 Woodland Park Road in Herndon, Va. One Dulles Tower features 406,855 square feet of office, 3,500 square feet of retail and a 10,000-square-foot data center.
Brick & Mortar Retailer Woes Raise Concerns for REITs
Despite a surge in retail M&A activity, especially in e-commerce, the fiscal health of the sector has some retail REITs worried. But executives that take advantage of the opportunity for evolution should still fare well, notes BDO USA assurance partners Stuart Eisenberg and Natalie Kotlyar.
Amazon to Open First Alabama Hub
The retailer will invest $30 million in a 362,000-square-foot sortation center in Mobile. The facility will create more than 360 part-time jobs.
Blackstone to Sell Logicor for $14B
Affiliates of China Investment Corp. have agreed to purchase the 147 million-square-foot logistics and distribution warehouse portfolio, which spreads across 17 European countries.
Daikin Brings Cool $417M Campus to Houston
The 4.2 million-square-foot building is the largest tilt-wall structure in the world and the second-largest manufacturing facility in North America.
Jacksonville’s Rapid Growth
A healthy employment climate, an inexpensive cost of living and mild weather are attracting jobs and new residents, creating demand for apartments and bolstering rent growth, according to Yardi Matrix.
Meridian Completes Tenant Buildout at Industrial Facility
The 226,102-square-foot industrial property in Romeoville, Ill., which underwent a makeover, is fully leased by Molto Properties to LASCO Fittings Inc.
JLL Closes Tampa Industrial Sale
The sale comes just after a lease JLL secured at the property brought the state-of-the-art, cross-dock facility to full occupancy.