Warehouse demand grows rapidly as online commerce explodes

The ongoing COVID-19 pandemic has led to massive demand for warehouse space as e-commerce firms ramp up their operations in a bid to deliver their products to consumers faster. That’s according to the latest Industrial Tenant Demand Study from commercial real estate services firm Jones Lang LaSalle IP, Inc., which forecast that demand for logistics

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8 WAYS TO GET YOUR INDUSTRIAL REAL ESTATE IN CALIFORNIA READY FOR SALE

There is a growing shift in California’s commercial real estate. More and more investors and developers are moving towards industrial real estate and selling their retail centers because of the increase in online shopping. It is a steadily developing trend with enough steam to make heads turn. Another growing trend in this situation is that

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SunCap Property Group Developing Spec Complex in Duncan, SC

Charlotte, North Carolina’s SunCap has announced the development of a 270,400 square foot industrial facility in Duncan, SC on a plot of 29.56 acres.

Prologis Launches Japanese Real Estate Investment Trust

Prologis, Inc., one of the leading global owner, operator and developer of industrial real estate, has just announced it will become the sole sponsor of Japanese real estate investment trust Nippon Prologis REIT, Inc (NPR).

Westcore Properties Closes Massive Commercial Real Estate Deal in Sacramento

San Diego based Westcore Properties has recently closed a deal to acquire a collection of Sacramento’s industrial real estate. The purchase, valued at $600 million, includes 110 buildings amounting to 11 million square feet of space, a property portfolio put together by local developer Joe Benvenuti.

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