industrial development Archives - Maritime Shipping News

Sites across US primed for rail-served industrial development

21 July 2023

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Western U.S. railroad BNSF and eastern U.S. rail carrier CSX are involved in or at least being...

https://www.freightwaves.com/news/sites-across-us-primed-for-rail-served-industrial-development

Real estate developers acquire Arizona site for rail-served facilities

18 April 2023

Commercial real estate developers Trammell Crow and CBRE Investment Management have acquired a nearly 200-acre site in Mesa, Arizona, with plans to prime the site for rail-served industrial development.

The 192-acre site — the largest developable site in Maricopa County, according to developers — will be divided into “shovel-ready” lots that range from 12 acres up to the full site. Companies seeking large-scale sites for industrial development, such as those in the semiconductor industry, could...

https://www.freightwaves.com/news/real-estate-developers-acquire-arizona-site-for-rail-served-facilities

Genesee & Wyoming, BNSF say customers spent billions to be near rail

24 March 2022

Genesee & Wyoming: $1.5 billion in investments across multiple commodities

Customers of short line operator Genesee & Wyoming invested $1.5 billion last year in 69 projects that will utilize proximity to G&W’s network.

Investments presented all major commodity groups, with chemicals and plastics, minerals and stone, and agricultural products leading the investments.

“Based on last year’s customer investments, G&W’s freight transportation services continue to be critical to companies’ logistics...

https://www.freightwaves.com/news/genesee-wyoming-bnsf-say-customers-spent-billions-to-be-near-rail

BNSF clears sites in Texas and Montana for industrial development

1 July 2021

A photograph of a BNSF locomotive passing through a forest.

BNSF is seeking companies interested in developing on two industrial sites in Texas and Montana, both of which are adjacent to the railroad.

The Somerville, Texas, site features 103 acres that don’t have any zoning requirements or restrictions. It is east of State Highway 36 and located 20 miles outside of Bryan-College Station in eastern Texas.

The Fort Peck Tribal Industrial Park in Poplar, Montana, consists of 45 acres zoned for heavy industrial use. The site is north of U.S. Highway 2 and...

https://www.freightwaves.com/news/bnsf-clears-sites-in-texas-and-montana-for-industrial-development

Rail Roundup: CenterPoint, G&W provide development updates

15 February 2021

A photograph of a Genesee & Wyoming train.

CenterPoint acquires Houston-area distribution facility

Industrial real estate developer CenterPoint Properties has acquired a rail-served distribution facility that has access to three railroads via the Port Terminal Railroad Association: Union Pacific (NYSE: UNP), BNSF (NYSE: BRK) and Kansas City Southern (NYSE: KSU).

The facility sits on 31 acres in Pasadena, Texas. It is a Class A, 601,261-square-foot building. The property has six rail spurs that can serve railcar storage capacity, and it...

https://www.freightwaves.com/news/rail-roundup:-centerpoint-g;w-provide-development-updates