E-commerce, onshoring drive Q1 demand for Link Logistics

Logistics real estate operator Link Logistics signed 696 new and renewing leases in the first quarter, representing 17.8 million square feet of space. In the fourth quarter, it inked deals covering 23.4 million square feet.

Link Logistics’ portfolio was 94.6% leased in the first quarter, which was 160 basis points lower than in the fourth. Blended cash leasing spreads — a comparison of new rents to expiring rents — were 44.4%, which was 1,120 bps lower sequentially.

“We entered 2024 with...

https://www.freightwaves.com/news/e-commerce-onshoring-drive-q1-demand-for-link-logistics

Link Logistics adds 59 properties valued at $2B in 2023

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Logistics real estate operator Link Logistics grew its portfolio again in the fourth quarter, saying...

https://www.freightwaves.com/news/link-logistics-adds-59-properties-valued-at-2b-in-2023

Link Logistics reports ‘strong’ demand for last-mile locations

Last-mile real estate operator Link Logistics broadened its portfolio again in the third quarter and said demand for well-positioned locations remains favorable.

The company signed 766 leases representing 24.4 million square feet of space in the period. Its portfolio was 96.4% leased on a same-store comparison, which was 100 basis points lower year over year (y/y) but level with the second quarter.

Blended cash leasing spreads — a comparison of new rents to expiring rents — were 57% in the...

https://www.freightwaves.com/news/link-logistics-reports-strong-demand-for-last-mile-locations

Link Logistics using data to implement energy efficiencies at warehouses

This fireside chat recap is from FreightWaves’ Net-Zero Carbon Summit on Thursday.

FIRESIDE CHAT TOPIC: Implementing sustainable strategies at industrial facilities.

DETAILS: The industry is rapidly moving to meet supply chain sustainability goals. Sam Stockdale, head of sustainability at Link Logistics, explains the ways the last-mile logistics real estate operator is adopting practical sustainability solutions.

KEY QUOTES FROM STOCKDALE:

On the initial approach: “We see the opportunity primarily...

https://www.freightwaves.com/news/link-logistics-using-data-to-implement-energy-efficiencies-at-warehouses

Link Logistics sees rent renewals jump in Q2

Last-mile logistics real estate operator Link Logistics said Monday fundamentals continued to stay strong across its portfolio during the second quarter.

The company signed 418 leases in the period representing 13.3 million square feet of space. Its portfolio was 96.4% leased on a same-store comparison, which was 160 basis points lower year over year.

However, blended cash leasing spreads — a comparison of new rents to expiring rents — were 52% and much higher than the level booked in the...

https://www.freightwaves.com/news/link-logistics-sees-rent-renewals-jump-in-q2

Link Logistics Q4 update highlights strong final-mile real estate demand

Logistics real estate provider Link Logistics said Monday demand for final-mile space remains strong.

In a fourth-quarter 2022 update, the owner of the largest U.S.-only portfolio of logistics properties said it executed leases representing 18.5 million square feet of space during the period (78.5 million square feet during full-year 2022). Link’s portfolio was 97.3% leased on a same-store comparison, which was 40 basis points lower year over year (y/y).

“Demand for high-quality, well-located...

Link Logistics’ path to slashing emissions — Net-Zero Carbon

The logo for FreightWaves’ Net-Zero Carbon show has green trees with a black background.

On this episode of Net-Zero Carbon, Danny Gomez, managing director of financial and emerging markets at FreightWaves, and Sam Stockdale, senior vice president of sustainability at logistics real estate company Link Logistics, discuss Link’s innovative strategy to achieve carbon-neutral operations in direct and indirect emissions by 2025. 

Link Logistics on Thursday announced a nearly $5 million commitment to the American Forest Foundation and The Nature Conservancy to support landowners through...

https://www.freightwaves.com/news/link-logistics-path-to-slashing-emissions-net-zero-carbon

Installing LEDs gives warehouses cheaper, cleaner lighting, experts say

Inside a warehouse, aisles and bright lighting are visible.

Many people have switched to LED lights in their homes because they know how much money and energy it saves. So why haven’t companies with huge warehouses around the world done the same?

It’s not as simple as it may seem. “An LED retrofit is a disruptive retrofit,” Sam Stockdale, senior vice president and head of sustainability at last-mile logistics real estate company Link Logistics, told FreightWaves.

It often requires coordination between tenants and landlords, changes to leases or contracts,...

https://www.freightwaves.com/news/installing-leds-gives-warehouses-cheaper-cleaner-lighting-experts-say

Link Logistics building sustainable infrastructure solutions

Tailpipe emissions might be what first comes to mind when the transportation industry’s carbon footprint is discussed. But what’s often overlooked is the industry’s incredibly large — and often not-so-green — U.S. industrial property market, which, including logistics warehousing, is estimated to total 15 billion square feet.

Sam Stockdale, senior vice president of environmental sustainability at Link Logistics, suggests that in order to account for the transportation sector’s carbon footprint...

https://www.freightwaves.com/news/link-logistics-building-sustainable-infrastructure-solutions

Check Call: Peace out, 2021; it wasn’t nice knowing you

Hot Take

image: Reddit

I think it’s safe to say that 2021 wasn’t the bright shining star we hoped it would be. If anything, 2021 has taught us a few more lessons to keep us humble. I, for one, had no idea that 100-plus ships could sit waiting for a time to come into port and thousands of flights a day could be canceled due to a covid outbreak. The past year is bound to give us some wild stories to tell for years to come, and here are the top 10 ways, in no particular order, I was a little...

https://www.freightwaves.com/news/check-call-peace-out-2021-it-wasnt-nice-knowing-you

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