Prologis
I.CON 2018 Special Report: Experts Unveil Industrial’s Big Disruptors
The sector is expanding at an unprecedented pace, deeply impacting supply chains and changing the investment landscape. What’s next for real estate’s most sought-after asset class?
Economy Watch: Industrial Market Stays Tight, Despite New Product
The U.S. industrial market ended the first quarter of 2018 with a 5 percent vacancy rate overall, even though a significant amount of new construction was delivered, according to a new Avison Young report.
Prologis to Acquire DCT Industrial Trust for $8.4B
The transaction reportedly will strengthen Prologis’ presence in core, high-growth U.S. warehouse/distribution markets and generate significant synergies and cost savings.
Prologis Snaps Up OC Industrial Property for $55M
CBRE’s National Partners West Coast team represented Institutional Advisor, the seller of the 307,781-square-foot warehouse and distribution building at 50 Icon in Foothill Ranch, Calif.
NKF Facilitates 2 Chicago-Area Leases for K2 Express
One of the long-term agreements represents a renewal and expansion lease at a multi-tenant, Prologis-owned building in Franklin Park, Ill. The other deal concerns an adjacent four-acre land parcel.
Prologis, Norges Buy 1, Sell More
The joint venture partners wrapped up the acquisition of a San Francisco-area industrial property and the disposition of a 3.1 million-square-foot national logistics portfolio, which was picked up by a Blackstone affiliate. Together, the transactions involved a total of $310 million.
CBRE Arranges 67 KSF FL Industrial Leases
The team of Tom O’Loughlin and Larry Genet worked on behalf of the landlords in securing three new industrial leases in South Florida.
CBRE Global Investors Closes Asia Value-Added Fund
CBRE Asia Value IV and its co-investment vehicles are expected to have more than $2.5 billion in buying power. The investment team has acquired or committed $1.1 billion to five investments, primarily in logistics assets in Japan and China.
Kidder Mathews Brokers 429 KSF Industrial Facility
Prologis Inc acquired the 29.2-acre site from Downey Industrial Center LLC. Kidder Mathews will continue to be the manager of the property.
Industrial Boom Has Room to Grow
Three developers shared their perspectives on why the sector is in such high demand and what the potential risks are to the property type, at the 2017 ULI Fall Meeting in Los Angeles.