Prologis
E-commerce Fuels Industrial’s Unstoppable Engine
A surge in online shopping is bolstering the warehousing sector, making logistics assets unusually pandemic-resistant.
Philadelphia Commercial Real Estate Wrap-Up – September 2020
Ensemble makes $83 million Navy Yard purchase. Amazon further expands in the metro. Here’s our September selection of Philadelphia must-reads.
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.
Ensemble Buys Philadelphia Navy Yard Life Sciences Portfolio
WuXi Advanced Therapies fully occupies the three buildings in the city’s 1,200-acre mixed-use campus.
JLL Closes 232 KSF Los Angeles Warehouse Lease
Senior Vice President Joe Dimola represented the e-commerce tenant in the full-building industrial deal.
Logistics Real Estate Set for ‘Brisk Recovery’ in Prologis Report
The outlines of a projected V-shaped recession for industrial real estate appear in Prologis’ latest survey of logistics end users.
First Industrial Realty Closes $200M Refi of Unsecured Term Loan
The refinancing, scheduled to mature in late January, would give the company financial flexibility during the COVID-19 crisis.
Why Green Leases Will Bloom After the Pandemic
The documents are gaining ground as a tool to cut energy consumption and promote healthy workplaces.
KKR’s $260M Portfolio Expansion
The newly acquired properties are Amazon distribution and fulfillment centers in the Chicago and Charlotte, N.C., metro areas.