E-Commerce
The Value of Real Estate in New Economy Retailing
We are just in the beginning stages of the rationalization and repurposing of physical retail, argues CenterSquare Investment Management Chief Investment Strategist Scott Crowe.
Economy Watch: Holiday Retail Sales Could Spike This Year
Retailers will likely enjoy a strong holiday season, with e-commerce expected to see a sales increase of 18 to 21 percent this year, according to a new Deloitte forecast.
Campanelli, Clarion Break Ground on MA Industrial Project
The upcoming 427,500-square-foot development, comprising two buildings, will soon rise in the Boston submarket of Bellingham. Construction is expected to be complete by August 2018.
Bridge Development to Sell $700M Industrial Portfolio to Duke
The deal encompasses a 3.4 million-square-foot group of properties and two soon-to-be-developed land parcels in key infill markets across Southern California, Northern New Jersey and South Florida.
NAI Hanson, Sitex Break Ground on 271 KSF NJ Warehouse
One Sharp Plaza will be a Class A facility located in the Stateline Business Park in Mahwah. Completion is planned for first-quarter 2018.
New Amazon Fulfillment Center Coming to Ohio
The e-commerce giant is building a 650,000-square-foot project in Euclid, expanding its presence in the state to five facilities, while adding another 1,000 full-time jobs.
Wonderful Spec Project Underway in Central Valley
The 1 million-square-foot building, which will sit within the 1,600-acre Wonderful Industrial Park in Shafter, Calif., is one of only a few developments of its kind in the market.
Barnett Capital Sells 2 MSF Industrial Portfolio
Located predominantly in the Midwest, the properties netted Barnett Capital $84 million, a tidy sum for snapping up assets in the Chicago area, the company’s target market.
Economy Watch: Retail Sales Dip in August
Despite a decline in sales for the month, most categories of retailers are enjoying higher sales in 2017 than last year, according to the Census Bureau’s latest report.
Amazon to Invest $5B in 2nd North America HQ
The Seattle-based e-commerce giant opened the request for proposals, giving metros with a million-plus population—and other qualifications—the opportunity to submit their bids for the mega project until Oct. 19, 2017.