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Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. [1] Commercial property includes office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farm land ...
A warehouse district or warehouse row is an area found in many urban setting known for being the current or former location of numerous warehouses. Logistically, warehouses are often located in industrial parks, with access to bulk transportation outlets such as highways, railroads, and airports. [1]
Its June 2019 sale of a network of U.S. warehouses to The Blackstone Group for $18.7 billion was the largest private real estate transaction in history, according to The Wall Street Journal. [6] As of March 2024, GLP manages more than 84 million square meters of real estate across China, Brazil, India, Japan, the U.S., Europe and Vietnam. [9] [6]
A warehouse is a building for storing goods. [2][3] Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial parks on the outskirts of cities, towns, or villages. Warehouses usually have loading docks to load and unload goods from trucks.
Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. [5] The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world.
A refreshed Tudor revival at 42 Collamore Terrace in West Orange listed for sale in Aug. 2024 was once owned by Samuel "Big Sue" Katz. Katz was a longtime associate of the "Al Capone of New Jersey ...
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