IDI Logistics’ Post

Provender Bets on Expanding Reach With Cold Storage Purchase. Provender Partners, billed as the top U.S. investor and operator of food-related industrial buildings, bought two Class A cold storage warehouses spanning a total of about 316,000 square feet in Londonderry, New Hampshire, for $67 million, or $212 per square foot, in early 2022. The two-building portfolio, located at 219 Rockingham Road and 6 Rockingham Road, is what Provender has described as “strategically located to serve a population of more than 87 million within an approximately 500-mile radius. As the warehouse was one of only two available cold storage properties in the Boston metropolitan area at the time there was a lot of leasing interest. https://lnkd.in/e9z4EETg #ColdStoragePurchase #IndustrialRealEstate #FoodIndustryInvestment #ClassAColdStorage #WarehouseAcquisition #IndustrialBuildings #RealEstateInvesting #LogisticsExpansion #StrategicLocation #WarehousePortfolio #BusinessInvestment #FoodStorage #DistributionCenter #IndustrialProperties #BusinessGrowth #InvestmentOpportunity #RealEstateNews

What a company to be working for! Axle Logistics is growing in a time when massive companies in this industry are shrinking or going out of business completely. What is our secret... 2 things... The people and the way we do business. We are working towards always being a step ahead in the industry and the people that work here are motivated to be the best in the business! So proud to be part of a company that strives to be the best in all facets of the business. We have the training, the technology, the understanding of changes in the market, incredible leadership, and we are always looking out for our customers! We understand that customers come first and we know the importance of taking care of every shipment as if was literally our own. It is important for us to make sure we look at each customer and find the best logistical solutions for shipping and bring options instead of simply "quoting". Not every company is the same and not every shipment is the same, so we do not treat each company like a cookie cutter deal... We find solutions that fit each customer and that sets us apart! #buildyourempire #logisticssolutions #tothemoon #axlelogistics #shallwetalk #movethatfreight #customerexperience #solutionsoriented #onestepahead #changingthegame #leadingthepack

Mike “Ace” McCarron gets a lot of questions about whether it’s a good time to sell, usually from #trucking company owners who are “seller-curious” and want an opinion on whether they can strike it rich. The fact is, deals that produce the best returns for the seller — both financially and personally — require a tremendous amount of preparation. You have to be ready to go when the time is right, and that timing can change on a dime. #truck #businessmanagement #mergersandacquisitions https://lnkd.in/gpw9-rbP

We’ve got that #MondayMotivation over at Hillside! For nearly 50 years, Hillside has been providing the tri-state area with superior logistics, brokerage, and trucking services. Call us at (732) 225-1271 for a quote. What are your plans for this week? #logistics #brokerage #shippinglogistics #trucking #supplychain

Grandview Partners, in partnership with Farpoint Development, acquired a 134-acre industrial development site in LaGrange, Georgia, near a future inland port, to develop Lafayette Logistics Park, which can accommodate up to 2 million square feet of industrial space.   Located just six miles from the future West Georgia Inland Port and with direct access to I-85, an integral Southeast logistics corridor connecting major markets from Alabama to Virginia, the site is ideal for a regional distribution and manufacturing hub.    This investment aligns with Grandview’s strategy of investing in growth-stage markets that benefit from structural changes in real estate, including the reshoring of manufacturing. Our focus is on uncovering investment opportunities in markets below most investors' radars with solid supply-demand fundamentals, as well as significant capital investment, in this case, to bolster logistics capabilities and infrastructure. Read more here https://lnkd.in/eFbeQQdV   #Industrial #CRE #IndustrialDevelopment #Reshoring

Yellow Corp., a major trucking company, has filed for Chapter 11 bankruptcy. How does this impact industrial Real Estate? Yellow's bankruptcy is about to shake up the market! With the potential sale of numerous truck terminals and leases across the US and Canada, there's a golden opportunity for savvy investors and brokers to capitalize on a flood of industrial properties hitting the market. Yellow's strategic network includes 308 service facilities, warehouses, and terminals. Think prime locations ready for the taking! This could lead to a whole new landscape for the industry, creating potential for reshuffled business dynamics and increased growth. Big players in the logistics and trucking game, like Knight-Swift Transportation and XPO, are eyeing Yellow's assets. They're not just looking at properties – they're looking at expansion, growth acceleration, and market dominance. With Yellow's exit, there's a prime opportunity for industry redistribution. Players like Knight-Swift and XPO are ready to swoop in, serving former Yellow customers and building density. The #trucking industry impacts all types of Industrial Real Estate including Warehouses, Logistics Hubs and Outdoor Storage. This will be an interesting story to watch as it develops. #IndustrialRealEstate #Logistics #Trucking #IndustrialProperties #titleinsurance #commercialtitle

out Bridge Logistics Expands Southern California Holdings with Compton Buyout Read the full article below..

This is a very interesting transaction that says a lot about family offices and trucking companies. This is likely a near billion-dollar transaction which is being undertaken by a single family office (Bechtel family) through their private equity arm. In Canada, there has been a lot of transactions between family offices and trucking firms within the last few years. Also, several families have sold major trucking firms - Bison Transportation, Big Freight Systems, etc. - and have used the proceeds to launch their own family offices (Jessiman Family Investments, Garibaldi Investments, etc.). An interesting space within #familyoffice

Missouri saw a whirlwind of project announcements, groundbreakings, and ribbon cuttings this summer. Here's a quick look back at the announcements and celebrations from the past few months. #manufacturing #distribution #businessexpansion

So you’ve outgrown your warehouse or maybe can’t make rent on your retail space. What can you do if you’re locked into a commercial lease? Well, it depends on what your lease agreement says. If you recall, in a previous video, we recommended that when it comes to a commercial lease, negotiate, negotiate, negotiate! Watch today’s #TuesdayTalk video to learn one way to protect yourself. Contact us at 305-222-7282/info@ser-associates.com so that you’re well represented BEFORE you sign on the dotted line. #realestatelaw #serassociates #smallbusiness #smallbusinessattorney #smallbusinesslawyer #floridalaw #floridalawyer