Urban Logistics agrees £23m forward funding deal
UK industrial and logistics REIT Urban Logistics announced the £23.0 million forward funding of two development sites. Urban Logistics has exchanged contracts with Wilson Bowden...
JLL Income Property Trust buys distribution center in Phoenix for $91m
JLL Income Property Trust has acquired Southeast Phoenix Distribution Center, a four-building, Class A distribution center totaling 474,000 square feet located in the Chandler...
Elion Partners acquires last-mile industrial asset in New Jersey for $29.7m
Elion Partners has acquired a 207,000-square-foot last-mile industrial asset located at 1000 Jefferson Avenue in Elizabeth, New Jersey, two miles from the Newark Liberty...
Clarion Partners Europe adds three logistics assets to Spanish portfolio
Clarion Partners Europe has added three Spanish logistics assets, totalling 51,000 sqm, to its portfolio. Located in established and densely developed logistics markets around Madrid...
AEW launches urban logistics platform with €475m of initial equity
AEW has launched a new urban logistics and light industrial platform (ULLIS) with €475 million of start-up equity. AEW said the platform is structured as...
Gap to build new distribution center in Longview, Texas
Gap Inc. announced Wednesday that it will invest $140 million to build a new distribution center in Longview, Texas to reach its future plans...
Trammell Crow to launch logistics development business in Europe
Dallas-based commercial real estate development firm Trammell Crow Co. (TCC), an independently operated subsidiary of CBRE Group, Inc., plans to launch a logistics development...
Michelin-leased distribution facility in Chicago sells for $135m
Bahrain-based investment firm GFH Financial Group has acquired a distribution facility in Chicago, Illinois for US$135 million. The real estate asset has been leased since...
HighBrook Investors buys Dutch logistics portfolio for its new platform
HighBrook Investors, a real estate private equity firm, has formed a new urban logistics platform named CityLink in partnership with Dutch asset manager and...
Urban Logistics adds six assets to portfolio for £27.8m
UK logistics REIT Urban Logistics has purchased six logistics assets for a total consideration of £27.8 million, reflecting a 6.9% net initial yield (NIY). On...
