Prologis has acquired the 170-acre Airpark Logistics Center in Goodyear, AZ from seller Creation Equity for $184 million.
Prologis announced the pending acquisition of nearly 14 million sq ft (MSF) of industrial properties from Blackstone Real Estate.
A tentative agreement on a new six-year contract covering U.S. West Coast Ports was announced by the ILWU representing 22,000 workers, and the PMA representing 29 U.S. West Coast Port Terminal Operators.
CBRE, reports that in 2022, 3PL firms leased more big-box warehouses and distribution centers in North America than any other type of occupant.
The U.S. Surface Transportation Board (STB) approved the combination of the Canadian Pacific (CP) and Kansas City Southern (KSC) Railroads.
Real Estate Developer Highland Fairview announced plans for the largest planned logistics & business park in North America located in the Inland Empire.