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It’s Not Just About E-Commerce. Physical Retail Will Also Drive Warehouse Demand This Year

Once there are widespread vaccinations and people begin shopping in physical retail locations, will that  make a dent in e-commerce sales and warehouse demand?

One analyst group says no. Continue reading

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Prologis Picks Up Sweetwater Office Building

Real estate investment trust Prologis paid $12.4 million for a one-story office building near Sweetwater.

The San Francisco-based company bought the 102,000-square-foot building on about 8 acres at 12496 Northwest 25th Street, according to records.

The building is within the Beacon Lakes master-planned, 436-acre business park. An online listing for the building shows office space available for rent for $25 a square foot a year.

Continue reading