Edison Properties eyes $3B sale of Manhattan Mini Storage
Many New Yorkers put things in storage during the pandemic. Now the dozens of owners of Manhattan Mini Storage...
Industrial
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Chicago
ShipBob joins the unicorn club with $200M Series E funding
ShipBob, a logistics company that provides shipping and delivery services for e-commerce companies, raised another $200 million in funding,...
National
Here’s where the most self-storage space was built in the past decade
People in the self-storage industry often talk about the “four Ds” that drive demand for their business: death, divorce,...
Realterm pays $38M for huge South Bronx warehouse
UPDATED, May 27, 3:05 p.m.: The Bronx is no longer burning, but its industrial market is red hot. Maryland-based...
Thor Equities nabs financing for Amazon warehouse in Red Hook
Joe Sitt’s Thor Equities is one step closer to bringing Amazon to Brooklyn’s Red Hook neighborhood. Thor Equities nabbed...
National
The last mile: Amazon in talks with Simon to convert bankrupt megastores into fulfillment centers
Amazon may soon take over the spaces of bankrupt retailers it has left in the dust. The e-commerce giant is in talks with mall...
National
“Headwind to profitability”: Amazon doubles down on fulfillment centers
Amazon has been on a torrid pace of leasing and acquiring millions of square feet of fulfillment centers and...
National
Blackstone’s warehouse play challenges Prologis’ claim to the throne
Long before windowless warehouses became a sexier investment than luxury condos, Prologis was king. The San Francisco-based company bought...