Logistics
A real-estate investment trust based in Massachusetts says it has acquired a 645,000 square-foot warehouse in Olathe, currently home to the Excelligence school supply distribution center, for $44 million, in a building adjacent to the Coleman Co. distribution center on…
more
Still under development, the Liberty Logistics Center located in the Northland in Liberty, Mo. at U.S. Highway 69 and Liberty Parkway will soon welcome a new tenant. Tennessee-based Kenco Logistics Services LLC has decided to open operations in the industrial…
more
Bringing a new model to the table, the recent merger of Kansas City-headquartered VeriShip and Utah-based Sifted is expected to result in new and improved changes in logistics operations. VeriShip is noted as the largest spend management and payments platform…
more
Time for some Ingram’s 250 math: What’s i250 x 5? If you came up with 1,250, hats off to your grade-school math teachers—their lessons clearly took hold. But with this being the fifth year of our recognition of the 250…
more
In a continuously changing business landscape, many companies and operations in the U.S. and abroad were hit hard by the coronavirus’ impact on business, including the local, long-standing Kansas City Southern. Reports have spread that two private equity firms, Blackstone…
more
While most companies across the metro area are facing tough times, there is some bright news for railroad company Kansas City Southern. The firm apparently has a 13.1-percent upside in income, according to analyst ratings, with 18 analysts considering the…
more
A price index for commercial real estate fell by 9.4 percent in April and is down by 10.4 percent below its peak from last year. Investment and research firm Green Street Advisors said that retail and hotel assets are doing…
more
Sealy & Company, a Dallas-based commercial real estate firm, has purchased nine industrial buildings in Kansas City totaling just under 560,000 square feet. One of them is in Executive Park, in the industrial area of the Northeast neighborhood and is…
more
The U.S. trade deficit increased 11.6 percent in March, bringing it up to $44.4 billion, a $4.6-billion rise from February. Meanwhile, the year-over-year increase in the trade deficit for the period was up 17.8 percent. The March deficit was reportedly…
more
The City of Shawnee recently approved a $50-million bond issuance for the construction of Heartland Industrial Park, which is set to be underway this year. The 186-acre development, to eventually total two million square feet would reportedly bring 1,500 jobs…
more
