Industrial

Under the agreement, one lead federal agency will be responsible for shepherding projects through the entire process, and will set timetables for other agencies to follow.

Strategic Partners Real Assets II LP, as the fund is known, is focused on interests in funds that target proven, cash-yielding assets such as airports, ports, toll roads and utilities.

Amazon needs to increase its retail footprint to stay competitive in the race for quickest, cheapest delivery.

JLL Economist Walter Kemmsies shares his views on how the tariffs could impact the U.S. economy and commercial real estate.

The deal expands Blackstone REIT’s portfolio to $7 billion in gross assets, including 33 million square feet of industrial space and 17,200 multifamily apartments.

Despite this sector’s exemplary performance, it has become increasingly difficult for developers to secure construction loans from banks.

The proposal puts a greater emphasis on the need for local and state governments to fund projects with private support.

Since the summer of 2017, the REIT has almost exclusively been buying industrial and distribution assets in a bid to capitalize on demand driven by e-commerce.

The company plans to use the proceeds for reinvestment into industrial acquisition and development.