American Eagle’s logistics arm has partnered with JLL to open fulfillment centers with a rent-as-a-percentage-of-revenue payment model.
Air cargo is a premium shipping mode. Companies that want fast, reliable transfers are also seeing lease rates shoot up for logistics facilities near airports.
Billionaire Zara founder Amancio Ortega snapped up five U.S. warehouses for $722 million.
Industrial outdoor storage sites continue to attract the attention of transportation providers and investors with deep pockets.
Capacity tightness was fueled by a massive demand spike along the I-55 corridor.
Logistics real estate owner and operator Prologis Inc. announced the retirement of its CFO effective April 1.
Real estate firm CBRE is the latest global leader to invest in logistics real estate with its nearly $5 billion acquisition of 28 million square feet of assets.
Industrial warehouse operator Prologis Inc. said Thursday it was expanding a training program aimed at bringing 25,000 new workers to the logistics industry.
The railroad is seeking businesses looking to develop industrial facilities on two sites in Texas and Montana.
A Prologis Research report points to strong retail sales and inventory restocking as the catalysts behind further tightening in logistics real estate markets.
