We’ve pulled the latest highlights and biggest headlines for industrial real estate news across the country. This quarter there are many news items for the recent development projects around the nation, and various trends based on the demand of space and shifts in the industry.


Industrial Real Estate News – Q2 2023

Centerbridge and GIC (Singapore’s Sovereign Wealth Fund) Closed $868M Deal To Acquire INDUS Realty Trust

Investment firm, Centerbridge Partners, and GIC closed a huge deal of $868 million to acquire INDUS Realty Trust. A subsidiary of Abu Dhabi Investment Authority is also acting at a strategic investor in the deal. Read More


Portfolio of Industrial Assets in Philly-Area Acquired for $195M

Wharton Industrial and its join venture partner, Walton Street Capital, sold Twin Bridge Industrial Park in Pennsauken, NJ. The industrial park consists of 37 asset with 1.3 million square feet of space total. Read More 


Prologis Buys $3.1B of Industrial Real Estate Assets from Blackstone

Prologis acquired 14M square feet of industrial properties from Blackstone for $3.1B in an all-cash deal. Read More


Supply Chain Disruptions Return, Experts Say the 2021 Playbook Won’t Work This Time Around

BisNow covers several disruptions to the supply chain currently, and how the issues currently are not quite the same as the problems that occurred two years prior. Read More


3.7M SF Industrial Project in Kansas City Set To Begin

Final approval of a $365M industrial development project will begin in Kansas City next year. Read More


Industrial Buildings Competing for Positions To Be As Close to Highways of Major Metro Hubs As Possible

CBRE ran a study to see where industrial assets tend to be located and researched Atlanta, specifically, to draw some conclusions about trends for industrial assets and their locations. Read More 


MDH Partners Lands $90M Loan To Acquire Industrial Assets

Wells Fargo Bank provided MDH Partners with $93 million to acquire new industrial assets in Houston and Atlanta. Read More


Entegris Set to Begin Development of $600M Plant in Colorado Springs

Entegris is going to begin construction of an 100,000-square-foot plant in Colorado Springs. The facility is expected to cost $600 million and will be operational in 2025. Read More


Walmart Opens the Largest Fulfillment Center It Has To Date

Walmart just opened a 2.2 million-square-foot fulfillment center in Indiana. The property is one of four projected to be completed in the near future. Read More


Prologis Forecasts Industrial Rents To Rise 10% This Year

Prologis sees a 10% increase in industrial real estate rental rates for the year. Despite economic headwinds, they are optimistic about the industrial real estate sector staying strong. Read More


Rehrig Pacific Begins Development of Manufacturing Facility Near Phoenix

Rehrig Pacific has officially begun development of an injection molding manufacturing plant in Buckeye, AZ, which is near Phoenix. The facility is set to open in Q2 2024. Read More


Industrial Real Estate News – Q1 2023

Industrial Real Estate Leasing in Chicagoland Is Still Hot, Especially Compared to Other Sectors

Other commercial real estate classes are starting to feel the pinch; however, Chicago’s industrial real estate market is doing well comparatively, maintaining record highs of leasing activity in the area. Read More


Industrial Real Estate Sales Nationwide Are Off During the First Two Months of the Year

According to a recent analysis by CommercialEdge National Industrial Report, the numbers in early 2023 compared to 2022 are significantly down. Last year the first two months clocked a total of $9.1B in sales, and this year’s sales volume is just shy of $4B at $3.9B total. Read More


Boom of Warehouses and Industrial Assets in Border Towns As Manufacturing Moves South 

Real estate investors nationwide are adding assets to their portfolios in cities along the border, such as Tijuana (MX), Laredo, TX and El Paso, TX. They are essentially betting on shifts in the global supply chain toward the southern border. Read More


ConnectCRE Reports on the Rise of AI Coupled with Data Centers

“AI and Data Centers: A Perfect Marriage?” is the title of a report from ConnectCRE commenting on a recent CBRE article that discusses the merger of these two concepts. Read More


Microsoft Acquires Industrial Real Estate Spec Site in Chicagoland for $42M

The 30-acre industrial site is a further expansion of the massive tech company’s footprint in Chicago and in the country. Read More


Chicago Tops Nation’s Industrial Real Estate Markets Despite Small Setbacks 

Chicago’s industrial real estate market is still #1 in the country even though the market has seen a slight drop in sales and leasing overall. Chicagoland’s ranking for industrial real estate highlights the importance of its strategic location in the country. Read More


Phoenix-Area City Seals the Deal for “Largest Ever” Lithium Battery Complex

Queen Creek, AZ just landed a massive development deal for an industrial real estate asset that will manufacture lithium-ion batteries. The project will be a $5.5 billion for LG Solutions, a leading global manufacturer of lithium-ion batteries and energy storage systems. Read More


Industrial Outdoor Storage Space Could Be a “Siren Song”

Investors are currently quite attracted to the industrial outdoor storage trend of fenced-in parking lots for trucks, but this trend could be short-lived according to a BisNow report. Read More


Warehouses Are Full Leaving Shippers To Hold Products On Chassis 

While warehouses are full in various places around the country, shipping companies are storing product on their chassis. This is a short-term solution, but it is costing consumers and putting further pressure on the supply chain overall. Read More


Meds and Beds (But Not Enough Sheds) Is the Title of a Recent BisNow Report

BisNow reports on Ireland’s “insatiable thirst” for real estate space that can be used by industrial and logistics companies. Read More


Is the ‘Red-Hot’ Industrial Real Estate Market Starting To ‘Cool Down’?

Slight “economic headwinds” have affected investor appetite for the industrial real estate sector. 2022 ended with record-low vacancy rates across the board, and in the expert insights perspective given to GlobeSt.com, they see issues continuing near-term. Read More


Industrial Real Estate’s ‘Golden Child’ Has 130% More Sublease Space Year-Over-Year

Industrial real estate sublease availability in the Dallas-Fort Worth area increased “dramatically” during the last year, showing signs of normalizing demand in the sector. Read More


The Most Expensive Industrial Real Estate Markets for Development Nationwide

Portland is the top of the list for the most expensive cities to build industrial real estate assets. GlobeSt.com highlights some of the other markets where it is most costly to develop industrial properties. Read More


Experts Predict That It Will Take Years To ‘Recalibrate’ Amazon’s Warehouse Capacity Nationwide

Amazon has been “whittling down” its industrial real estate asset presence nationwide (and globally) after its binge of fulfillment facilities during the pandemic. Experts predict that it could take many years for this effect to stabilize. Read More


Industrial Real Estate Assets Supply Is On Its Way, But Won’t Meet Demands

According to GlobeSt.com there are 713 million square feet of industrial space under construction, and nearly another 700 million in the planning stage. Despite the projected space coming online, it may not be enough to meet the demand. Read More