LogiReal News Portal

Goodman Group (Goodman or Group) today announces that it has entered into an agreement with  California-based, Birtcher Development and Investments (Birtcher), focused on the development of, and investment in, prime quality logistics and industrial facilities in key locations across North America.  Additionally, Goodman is in final stages of due diligence with regard to a capital partnership targeting approximately US$800 million (A$800 million) of equity commitments.

Combined with new Eagan, Minn. logistics campus, company's overall footprint increases 10 percent

Two weeks ago it was a new logistics campus in the Twin Cities; this week, Murphy Warehouse Company, one of the Upper Midwest's largest asset-based logistics companies, sets its sights on the Kansas City area.

Frank Geraci, Walt Chenoweth, Juan Gutierrez and Patrick Wood of Voit Real Estate Services’ Inland Empire office have completed a 24-month, 497,714 square-foot industrial lease renewal in Redlands, Calif. on behalf of the lessee, Continental Tire North America.

Continental Tire, a global manufacturer and distributor of performance tires, has fully occupied this industrial property since 2009, and will continue to use the property for its North American operations, according to Frank Geraci, an Executive Vice President in Voit’s Inland Empire office.

Prologis, Inc. (NYSE: PLD), the leading global owner, operator and developer of industrial real estate, today announced that it has signed a build-to-suit agreement for 398,000 square feet with Prime Distribution Services in Dallas, Texas. Prime is a third-party logistics provider specializing in the distribution of food products.