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...
ElmTree invests over $1.5bn in net lease assets last year
ElmTree Funds has invested over $1.5 billion in industrial net lease assets across the United States last year. Focusing on acquiring build-to-suit properties net leased to...
Black Creek Group to develop 2 msf industrial park in Dallas, TX
Denver-based real estate investment management firm Black Creek Group has acquired 165 acres for the development of I-20 Logistics Park in Dallas, Texas. Black...
Union Investment acquires logistics portfolio in Netherlands
Union Investment has acquired a logistics portfolio in the Netherlands from Stellar Development. The purchase price was not disclosed. The 83,000 sqm logistics portfolio consists...
Aviva Investors buys distribution centre for £139m
Aviva Investors has acquired a distribution centre in Hams Hall, one of the Midland’s logistics parks, for £139 million. The distribution centre is let to...
