CBRE Investment snaps up $4.9B global logistics real estate portfolio

CRBE Investment Management, a subsidiary of global real estate company CBRE, is buying $4.9 billion worth of logistics real estate

In one of the largest industrial real estate transactions in history, CBRE Investment Management, the investment arm of CBRE Group, the world’s biggest commercial real estate company, is buying up a $4.9 billion portfolio of logistics properties from Hillwood Investment Properties, a real estate business founded by Ross Perot Jr.

The portfolio, which includes more than 57 real estate assets, comprises over 28 million square feet of warehouse space — about 19 million of them are in the U.S., with...

https://www.freightwaves.com/news/cbre-investment-snaps-up-49b-global-logistics-real-estate-portfolio

Real Estate Roundup: Warehouse and distribution demand soars; so does community opposition

Real Estate Roundup is a weekly rundown of developments in the world of industrial real estate used for logistics and transportation. This week: Demand for industrial warehousing and distribution facilities is soaring, but communities frequently fight back against what they see as problems with noise, air pollution and traffic safety. Recent incidents in Florida, New York, Pennsylvania and California illustrate the situation. 

In the rush to expand warehouses and distribution facilities amid...

https://s29755.pcdn.co/news/real-estate-roundup-warehouse-and-distribution-demand-soars-so-does-community-opposition

Boosting efficiency on both sides of the warehouse door (with video)

Robotics startups Third Wave Automation and Outrider are taking on forklifts and yard trucks in a way that is advancing automation and zero-emission technology on both sides of the warehouse wall.

Participating in a fireside chat during FreightWaves’ Future of Logistics Real Estate Summit on Tuesday, Third Wave Automation CEO and co-founder Arshan Poursohi and Outrider founder and CEO Andrew Smith spoke of their common goal of automating freight and cargo movement inside and outside the...

https://www.freightwaves.com/news/boosting-efficiency-on-both-sides-of-the-warehouse-door-with-video