Warehouse/Industrial

GIC, Singapore's sovereign wealth fund, has announced the acquisition of a Pan-European logistics real estate portfolio from Apollo Global Management, a private-equity firm, to the tune of €950 million. This is one of the largest investments made in the European real estate segment this year and...

Accelerating growth in warehousing employment to support new e-commerce distribution networks has been a key theme in transportation and logistics for the past decade. While trucking carriers have sometimes struggled to find qualified drivers and grow their fleets, warehousing employment has...

Americold Realty Trust (NYSE: COLD), a large real estate investment trust (REIT) that develops, owns and operates temperature-controlled warehouses for food products, reported somewhat mixed third-quarter results late Thursday, with revenue beating analysts' estimates by $13.54 million and funds...

More warehouse operators are following Amazon.com, Inc.'s lead (NASDAQ: AMZN) and pricing warehouse space by the cubic foot; proximity to labor has become just as critical as proximity to consumers; robotics have become increasingly important sources of flex labor during demand surges. Those were...

Logistics real estate firm Prologis (NYSE: PLD) is reportedly vying with global investing firm Blackstone Group (NYSE: BX) to acquire the U.S. warehouse holdings of GLP. The Wall Street Journal was first to report the news. GLP, based in Singapore, has been rumored to be considering an initial...

XPO Logistics Inc (NYSE: XPO) plans to close a 571,000 square-foot warehouse in the Baltimore suburb of Aberdeen, Md. in mid-March, the company confirmed. The facility, located at the Perryman Logistics Center, opened in 2016. An XPO spokesman said the warehouse is being shuttered because a...

The United States is in the midst of a building boom for industrial space as the logistics market struggles to accommodate surging e-commerce demand. U.S. warehouse vacancy in the fourth quarter of 2018 reached its lowest level since 2000, requiring shippers to rapidly expand their ability to store...