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Antioch industrial property sells for $17.6M

Boston real estate investment firm with $12B in assets now owns two new warehouses ....

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More, more, more: Amazon is taking more shipping space at DFW Airport

More, more, more: Amazon is taking more shipping space at DFW Airport
Irving warehouse will be used for fulfillment center.
Amazon already has a nearby shipping center which has more than 1,000 workers.(Steve Brown )
Amazon is planting its flag at another big shipping center near DFW International Airport.
The e-commerce giant is building out 372,835 square feet of warehouse space at 3500 S. Airfield Dr. in Irving.
The shipping center is in a new industrial building constructed at the south end of the airport by Chicago-based Logistics Property Co.
The building is in the same area where Amazon has nearby 1 million square foot fulfillment center on Airfield Drive that employs 1,000 workers. ....

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Top industrial sales of 2020: market remains strong

Despite all odds, the industrial sector may have seen a record-setting year in 2020.
New York-based Blackstone Real Estate Investment Trust acquired a 59-building portfolio in April in a deal that may be the largest commercial real estate transaction ever in the Twin Cities.
Individual industrial transactions were topped by MetLife Investment Management’s $118.7 million purchase of the Amazon fulfillment center in Shakopee. This was one of the largest individual industrial sales over the past two years.
According to the most recent report from CBRE, Minneapolis’ industrial market transaction activity increased by 11% from the second to third quarter this year. Its vacancy rate was another positive signal to the market, holding steady at 4.6%. ....

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