Lineage Logistics Makes $500 Million Bet on Refrigerated Rail
The warehouse owner acquired Cryo-Trans, owner of refrigerated and insulated railcars.
The warehouse owner acquired Cryo-Trans, owner of refrigerated and insulated railcars.
A Related affiliate agreed to buy the Phillips Point building in West Palm Beach for $282 million.
The S&P CoreLogic Case-Shiller Index climbed 7.95 percent from October of last year.
In just the past few months, Hewlett Packard Enterprise Co. said it was leaving for Houston. Oracle Corp. said it would decamp for Austin.
The 30-year U.S. real yield has been negative since mid-June after never falling below zero at any point since at least 2004.
The 44 bankruptcies by companies with over $50 million since Oct. 1 make the fourth quarter the worst period since 2009.
The filing covers a planned 26-story hotel and residential tower across from the Peter Luger Steakhouse.
Simon and David Reuben spent almost $2.5 billion on U.S. property acquisitions and financings, including office, retail and hotel assets.
The online retailer closed the warehouse in Robbinsville Township until Dec. 26 after a spike in asymptomatic cases.
Oracle has a campus in Austin, opened in 2018 to local fanfare, which it said could eventually house as many as 10,000 workers.