Both parties agree that the bill is crucial, but a concrete plan has yet to be agreed upon.
A 90-day truce in the U.S.-China trade war has created uncertainty that has thrown logistics firms and industrial real estate owners and occupiers into a state of limbo.
With a majority of residents favoring legalization of pot, Michigan and New Jersey are jumping into the recreational cannabis market.
Jesse Kaplan sold his Brooklyn-based last-mile delivery start-up to Walmart last year.
The outlook for office and industrial sector remains mostly positive.
Investors are redeveloping empty retail big boxes, class-B office buildings in urban locations into last mile industrial facilities.
Foreign investors have been moving away from trophy office assets and into industrial plays.
The deal could value IDI Logistics at more than $3.05 billion, according to sources.
Ford’s and General Motors’ planned investment in the city will likely benefit its office and industrial sectors.