by Kipp Gillian | Feb 24, 2025 | Industrial
Ahead of an expected round of tariffs on goods from China, Mexico and Canada, both the Port of Los Angeles and the Port of Long Beach experienced their busiest January on record. For the Port of Long Beach, January’s volume of 952,733 twenty-foot equivalent...
by Kipp Gillian | Feb 24, 2025 | Industrial
Echo Real Estate Capital and Grandview Partners sold a class-A industrial building leased to Hubstarr Logistics for $39 million dollars. The property, known as “Building A” in Echo Park 303, is approximately 220,240 square feet and is located at 9701 North...
by Kipp Gillian | Feb 24, 2025 | Industrial
Apple on Monday announced its largest-ever spend commitment, with plans to spend and invest more than $500 billion in the U.S. over the next four years. The Cupertino, CA-based tech giant and partners will open a new advanced manufacturing facility in Houston to...
by Kipp Gillian | Feb 24, 2025 | Industrial
Apollo has struck a deal to buy Bridge Investment Group in an all-stock deal worth around $1.5 billion. Bridge oversees $50 billion in assets, with a focus on residential and industrial properties. The deal will nearly double Apollo’s real estate holdings, pushing...
by Kipp Gillian | Feb 21, 2025 | Industrial
Dermody has completed construction of Phase I of The Logistics Campus and leased Building 3, a 326,278-square-foot logistic facility to HuFriedyGroup. Phase I of The Logistics Campus has achieved LEED Silver Certification, with four buildings currently available for...
by Kipp Gillian | Feb 21, 2025 | Industrial
The Town of Buckeye had spent numerous hours courting KORE Power, an up and coming battery manufacturer who promised to build a $1 billion plant (photo) in the town. But following the election, all that changed. KORE Power was unable to secure its once-promised $850...
