From a consumer perspective, not much has changed with Amazon besides the fact that the breadth of products it currently offers on its website has steadily expanded. Behind the scenes, however, there has been a lot of change. Slowly, Amazon has been transforming itself from the “Wal-Mart” of the internet into something very much resembling an online third-party logistics provider (3PL).
Real Points
Daily Reports on Commercial Real Estate
Articles by Terry Darrow
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IndustrialWe’re all familiar with ways to go green for in office buildings, but how many industrial properties are adopting the same practices? In truth, probably not enough. Yet by making changes to industrial facilities, property managers can have a significant impact on workplace performance, waste, longer leases (amen), and an increasingly greater competitive edge when selling the property.
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IndustrialAt Jones Lang LaSalle, we use a property clock to demonstrate where each market sits within its real estate cycle. The clock is divided into four sections: the geographies on the left side are typically landlord-favorable, and those on the right side are typically tenant-favorable. Markets generally move clockwise, and the biggest factor governing how quickly a market moves through the clock is supply and demand.
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Data CenterOur children named our very first Betta Fish, Moby. Moby was built, we discovered one day, with what we in the data center business call a “concurrently maintainable infrastructure.” When the water in his normal habitat is too contaminated to breath, he has a backup system that allows him to bypass his gills and breathe our air.
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IndustrialIt’s officially time to buck the once-popular cliché of “thinking outside the box.” The success of today’s supply chain and logistics model relies more than ever on the efficiency of warehouse and distribution centers across the United States.
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IndustrialThe two questions I get most often when it comes to the North Texas industrial market are “When is construction coming?” and “Why aren’t why aren’t rental rates rising?”
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IndustrialNorth Texas is home to many “Made in America” companies. South Dallas, in particular, has become an industrial hub to big names like GE Transportation, Kellogg’s and Home Depot. This got me thinking what Chrysler’s “Halftime in America” Super Bowl ad, and what the concept means for our city, the state of Texas, and for the national industrial sector.
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IndustrialMy gift to you this holiday season is the gift of song—thankfully, not performed live. It pays tribute to the impressive industrial transactions in the North Texas market this year. I call it, “Jones Lang LaSalle’s 12 Days of Dallas Deals.”
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IndustrialSanta might have the right idea delivering gifts on a sleigh: Shipping holiday gifts via intermodal—from water to rail, rail to truck, truck to distribution center, distribution center to store shelves—has become a major issue for retailers, especially in the last two years.
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IndustrialIndustrial construction is near a standstill. But with strong population growth and a total vacancy rate of 10.4 percent, new development is likely to kick off in the next year. So will it be build-to-suit or speculative space?
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Deals
More Deals »- Hand & Stone Massage and Facial Spa has leased 3,287 square feet of retail space in The Centre at Preston Ridge Shopping Center in Frisco. More »
- Arlington Independent School District has leased 28,592 square feet of government space at 690 E. Lamar Blvd. in Arlington. More »
- Proton Partners LP has purchased two buildings with a total of 37,771 square feet of office space at 14330 Midway Road in Farmers Branch. More »
- Pharmacy Corp. of America has leased 18,193 square feet of industrial space in One Paddock Place at 2214 Paddock Way in Grand Prairie. More »
- DXP Enterprises Inc. has leased 13,313 square feet of industrial space in Westfork Center Building B at 1515 Avenue S in Grand Prairie. More »
- Bill Sheahan Designs LLC has leased 1,033 square feet of retail space at 6969 Hillcrest Ave. in University Park. More »
