Industrial

Amazon was the first to announce plans to sublet warehouse space, but other Fortune 500 retailers are expected to return space to the market as well.

Some supply strains have eased, but logistics links between factories and consumers could get stretched again when China allows factories to run full steam.

Efforts to ease some restrictions are helping companies resume production and putting a floor under the decline in activity.

In 2019, Roni Rubinov even signed a lease on a warehouse in which he planned to open a sort of “department store’ of stolen goods, the mayor’s office said.

Cannabis real estate can generate great returns, but financing for these types of properties is also priced at a premium.

Duke is a highly attractive takeover target, with assets in markets that Prologis covets. But REIT analysts say Duke needs greater incentives to sell.

Rents for these facilities can often be 50 percent above those at distribution facilities in traditional locations.

The proposal values Duke at $61.68 a share, a 29 percent premium to its closing price on May 9, according to a letter from Prologis CEO Hamid Moghadam.

The private equity giant’s real estate unit has started its first-ever ground-up industrial developments, in Atlanta, Dallas, Denver and Orlando, Fla.

Sufficient power and water supply, as well as availability of highly skilled labor, are among the factors driving site selection.