IDI Logistics’ Post

AMAR Companies, Inc. “AMARCO” is proud to announce the acquisition of its first industrial property located in Wichita, Kansas. Constructed between 2006 and 2007, this property is situated on a total of 3.67-acres and comprised of five industrial buildings totaling 42,181 square feet. The properties’ versatility is a unique acquisition for us which allows tenants to occupy a building of their own while also being part of a larger business park. Each building seamlessly integrates a blend of office and warehouse space, catering to diverse operational needs. Presently, the property is fully leased, with our business plan centered around adding value through improvements and re-structuring existing leases. AMARCO remains unwavering in its pursuit of lucrative investment opportunities, whether in Texas or in any other mid-west markets. This acquisition underscores our proactive approach to capitalizing on evolving industrial market trends, positioning us for continued success amidst a rapidly changing economic landscape. #WichitaKansas #investmentgrowth #industrialrealestate

BKM Capital Partners has acquired the 217 Distribution Center, a multi-tenant industrial park in Metro Portland. This 451,062 sq ft property offers 13 units and boasts excellent features like dual-dock-high loading capabilities, 24-foot-clear heights, and 14 railway dock doors. BKM plans to invest $4 million in upgrades, including roofs, parking lots, and more, while increasing the number of units to 15. The property's location along Highway 217 provides easy access to the Pacific Northwest, making it ideal for logistics-focused tenants. Currently, it's fully leased to credit tenants like Nike, Rexel, and the Beaverton Police Department. This acquisition is part of BKM's successful year, during which they acquired 14 properties totaling 2.2 million sq ft in various states. Their strategic vision positions them as industry leaders, with plans to deploy $200 million in Q1 2024. #smartcap #redmond #kirkland #bellevue #realestate #industrialproperty #investmentopportunity #oregon #beaverton

Grandview Partners, in partnership with Farpoint Development, acquired a 134-acre industrial development site in LaGrange, Georgia, near a future inland port, to develop Lafayette Logistics Park, which can accommodate up to 2 million square feet of industrial space.   Located just six miles from the future West Georgia Inland Port and with direct access to I-85, an integral Southeast logistics corridor connecting major markets from Alabama to Virginia, the site is ideal for a regional distribution and manufacturing hub.    This investment aligns with Grandview’s strategy of investing in growth-stage markets that benefit from structural changes in real estate, including the reshoring of manufacturing. Our focus is on uncovering investment opportunities in markets below most investors' radars with solid supply-demand fundamentals, as well as significant capital investment, in this case, to bolster logistics capabilities and infrastructure. Read more here https://lnkd.in/eFbeQQdV   #Industrial #CRE #IndustrialDevelopment #Reshoring

Tacoma's industrial sector is buzzing with the recent $16 million sale of a warehouse property to JM Eagle, the world’s largest plastic pipe manufacturer. The site, located at 2330 Port of Tacoma Road, comprises an 86,600 sq ft building and a smaller 4,320 sq ft asset. This acquisition by the Los Angeles-based company, known for its extensive range of plastic pipes, marks significant investor interest in the area. Further boosting Tacoma's industrial profile, Davis Property & Investment secured a major lease for its new development, Tacoma Central Logistics, with Infinity Global Distribution occupying 248,000 sq feet. Despite a downturn in North American port volumes, U.S. industrial real estate near ports remains strong, with high rents and low vacancies. Tacoma's market reflects this trend, showing resilience amid economic challenges. #smartcap #redmond #kirkland #bellevue #tacoma #office #officespace #lease #portoftacoma #industrial #commercialrealestate

*Minneapolis Industrial Pulse* Another great panel from NAIOP Minnesota, highlighting key trends and forecasts on the industrial real estate market. -Minneapolis continues to be institutionalized. A recent example: ⬇️ EQT Exeter recently entered the market buying 24 buildings from Prologis for $257mil brokered by Judd Welliver and team. Reasoning: -Disciplined development limiting supply (supply cliff coming with only a few flirting with speculative development) -Strong rent growth partly due to the “Link Logistics Effect” (10-15% yoy) -Low vacancy (4.5% and lower when factoring out a few outlier buildings) -Preference on shorter WALT (weighted average lease term) The Minneapolis industrial market is a culdesac primarily serving Minnesota and the Dakotas. What is working: Build-to-suit development aka Scannell’s specialty. Scannell Properties has land positions in every corner of the market to serve companies looking to grow, expand, or relocate their logistics facilities. Building solutions that matter! #industrialrealestate #NAIOP #marketinsights #minneapolis #commercialrealestate

🌟 Two Prime Warehouses for Sale in South Florida Amidst Record-Breaking Market! Exciting opportunity alert! Amidst a bustling market, we have two exceptional warehouses up for grabs in South Florida: 📍 Pompano: A perfect fit for end users, this ~50,000 sq ft warehouse is a gem waiting to be discovered. 📍 Fort Lauderdale: Ideal for investors seeking high cap rates, this sprawling ~100,000 sq ft facility offers a great long-term investment. Speaking of potential, here’s some big news in the commercial real estate world: Longpoint, a Boston-based investment firm, has just clinched the largest industrial deal in South Florida for 2023. They acquired a 25-building portfolio for a stunning $262 million, covering 1.4 million square feet across Miami and Fort Lauderdale. This transaction, facilitated by CBRE, is a clear indicator of the strength and vitality of the South Florida industrial market. Key highlights of this landmark deal: 🔹 97% leased at the time of sale 🔹 Strategic locations near major urban hubs 🔹 Ambitious upgrade plans signaling long-term growth This record-breaking sale underscores the robustness of South Florida's industrial real estate, making it an opportune time for both end-users and investors to dive in. Thinking of capitalizing on these opportunities? Let’s connect! Whether you’re looking at the Pompano or Fort Lauderdale property, or you’re intrigued by the broader market trends, I’m here to assist. #SouthFloridaRealEstate #WarehouseSales #CommercialInvestment #IndustrialRealEstate #MarketOpportunities 🌴🏭📊

Last week, SLX Capital closed on a Class-A retail shopping center in Roanoke, TX. This deal was significant as it marked our first official project together! The process from LOI to contract, due diligence, financing, funding and closing is always exciting... But the real fun starts after you close: - Introducing yourself to the tenants - Ensuring they know who you are - Frequent site visits and surrounding areas - Setting up utilities, trash, pest control and landscaping - Developing and executing maintenance best practices - Rent collection, reporting, budgeting and financials Plus many more responsibilities and situations you'll never fully predict! We pride ourselves on being hands-on. The best way to learn anything is to put yourself in the position of every vendor that you hire to do the work. The second best way to retain your education is to document every detailed process so it can be efficiently replicated for future deals. #acquisitions #commercialrealestate #propertymanagement

Sale-leaseback of a 44,232 s/f manufacturing/warehouse/distribution building for $5 million. Dover, NH Real Estate firm negotiated the recent sale-leaseback of 111 Venture Dr., a 44,232 s/f manufacturing/warehouse/distribution building on 8.03 acres in Enterprise Park, for $5 million. In a strategic financial move, ForwardMerch divested the property while securing a leaseback arrangement for a duration of seven years on a triple-net basis. Despite prevailing high interest rates, the investment opportunity garnered significant attention from multiple prospective buyers, underscored by the presence of a local tenant. This acquisition marks Redstone’s second venture in New Hampshire. https://lnkd.in/eNBPn9gW #soldporperty #propertyinvestment #milliondollarlisting #warehouse #manufacturing #distribution #industrialbuildings #industrialrealestate #realestatedeals #industrialrealestateupdates

Just Listed | Prime Monterey Location | Monterey, CA 533 Hartnell St | Monterey, CA📍 Price: $2,999,000 Units: 15 Unit Mix: (15) - Office/Retail Lot Size: 21,059 SF Building Size: 8,496 SF Price Per SF: 352.99 👉 Call Us For Our Exclusive Inventory Agent(s): Adam Levin, Robert Johnston and Joshua Velo ___________________________________________ #Monterey #CommercialProperty #InvestmentOpportunity #CREDeals

Georgetown manufacturers ink big leases in industrial parks amid growth plans - Austin Business Journal Georgetown's industrial scene is heating up! 🏭 Major manufacturers are signing big leases, fueling the suburb's growth. Explore the trend and discover top real estate brokers in Austin at the end of the report! 💼🌟 https://lnkd.in/g8EyESVC #GeorgetownGrowth #ManufacturingBoom