VetWarehouses edition published : 3 source-linked stories on warehouse investment, development and policy. Separate from facility risk indicators.
Development · WFMZ ·
Geodis opened a nearly 400,000-square-foot distribution center at 1560 Van Buren Road in Palmer Township, Pennsylvania. The warehouse will primarily handle seasonal confectionery products that are shipped in and stored through the year before release ahead of Easter.
Why it matters: The report establishes opened status, operating company, exact premise, approximate size and warehouse function.
Investment · JLL ·
Faropoint acquired the fully leased industrial facility at 725 E. Harrison St. in Corona, California, for $21.5 million. The 116,555-square-foot property sits on 5.87 acres and has seven dock positions and four grade-level doors.
Why it matters: The completed sale identifies the buyer, exact premise, price, building area, lease state and loading configuration.
Investment · Sagard Real Estate ·
Sagard Real Estate and La Caisse acquired the fully leased industrial property at 3 Wheeling Avenue in Woburn, Massachusetts, through their joint venture. The 57,600-square-foot property sits on 6.2 acres, includes yard space and is leased for warehousing, distribution and operations.
Why it matters: The acquisition identifies an exact warehouse premise, reported area, lot size, yard component and current distribution use.