E-Commerce
CRE Transaction Activity Picks Up, NAIOP Reports
Deals and rent collections are seeing month-over-month improvements, though the tough times are not over, according to the latest results of the association’s coronavirus impact survey.
First Close of GLP’s European Logistics Fund Yields $1.3B
The global investment manager’s second pan-European investment vehicle attracted equity commitments from both new and repeat participants.
Seefried Industrial Properties Delivers $237M Amazon Facility
The robotic distribution center stands 70 feet tall, allowing for 3 million square feet of fulfillment space.
KKR Pays $43M for Phoenix Industrial Property
The distribution center marks the global investment firm’s first acquisition in the metro.
Retail-to-Logistics Conversions Won’t Be Quick or Easy: Prologis
The report also questions whether shopping center owners will want to forego retail rents for lower industrial rates.
Monster Pets Grows in Southern New Jersey
To accommodate its rapid expansion, the independent pet store has agreed to occupy an entire industrial property in Delran.
Inland Empire Welcomes New Amazon Asset
The e-commerce giant has completed a 640,000-square-foot fulfillment center in Beaumont, Calif., that will ship books, electronics and other small items.
KKR Acquires Atlanta Last-Mile Facility
The asset traded at one of the highest prices per square foot for an Atlanta-area industrial property since the onset of the pandemic.
Record-Setting Houston Industrial Project Gets Underway
Hunt Southwest Real Estate Development is building the 1 million-square-foot project to meet the requirements of large e-commerce users.
Rent Collection High In Most Asset Types, Marcus & Millichap Finds
While in some sectors more than 95 percent of tenants are meeting their rent obligations, some retail assets continue to struggle.