NorthPoint Development Archives - Maritime Shipping News

Kansas City on pace for record commercial real estate growth in 2021

19 May 2021

Kansas City seeing record real estate growth

On Monday, Colliers International (NASDAQ, TSX: CIGI), a global commercial real estate management company, announced it would build a 167,000-square-foot cold storage facility in Liberty, Missouri.

The deal is notable because it continues a hot streak for the Kansas City region, which has seen a boom in the past year in commercial real estate, both in terms of companies building facilities and firms like Colliers constructing buildings even without tenants.

“The Kansas City region is among only a...

https://www.freightwaves.com/news/kansas-city-on-pace-for-record-commercial-real-estate-growth-in-2021

US Steel sells Pa. logistics complex to NorthPoint

9 January 2021

United States Steel Corp. (NYSE:X) has sold its Keystone Industrial Port Complex near Philadelphia to industrial and multifamily housing developer NorthPoint Development, which eventually plans to build a 10 million-square-foot industrial site, it was announced Friday.

The sale, which fetched $160 million, according to people familiar with the matter, ends US Steel’s 67 years of ownership at the site, which is located in Fairless Hills, Pennsylvania, about 26 miles from Philadelphia and roughly...

https://www.freightwaves.com/news/us-steel-sells-pa-logistics-complex-to-northpoint

CSX boosts Ohio intermodal terminal

29 October 2018

When CSX Transportation opened its huge intermodal terminal in North Baltimore, Ohio nearly eight years ago, it promoted a vision of unloading containers from inbound trains from various cities and sorting them onto new trains for outbound destinations.

The idea was to build volume for origins and destinations that didn’t generate enough traffic to warrant dedicated trains in specific service lanes.

Transfers between trains and trucks were provided for, but at least at the beginning were expected...

http://container-news.com/csx-boosts-ohio-intermodal-terminal/