Newmark Industrial Capital Markets is pleased to announce the launch of East Horizon Logistics Center, a rare, El Paso development site totaling 55.22-acres and zoned for industrial. Strategically positioned between the county of El Paso and the City of Socorro, the site has direct frontage and visibility along I-10 and is directly west of I-10’s exit 45. To enter the deal room, click the link below to sign/download the CA: https://lnkd.in/gQvHN7Rp DEAL TEAM: Dustin Volz, Stephen Bailey, Dom Espinosa, Zach Riebe, Joshua Villarreal, Chloie (Johnson) Mercer, Travis McEldowney, Caroline Wilson #NewmarkTexas #CRE #IndustrialCapitalMarkets
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Today, the Brain Train was announced at the Chicago Hub Improvement Program (CHIP) press conference with Governor JB Pritzker, Senators’ Dick Durbin & Tammy Duckworth, Mayor #BrandonJohnson, Amtrak, and Rheaply’s CEO & Founder/ P33 Chicago’s Board Member, Garry Cooper . 🚄🏙️ What is the Brain Train? The Brain Train is a vision for a first-of-its-kind high-capacity travel network that will drive innovation and collaboration throughout the Midwest and push Chicago’s most impactful and ambitious ventures forward. 🚄🏙️ CHIP is Amtrak’s top National Network priority. It will provide faster, safer, and more reliable service to support the Midwest’s growing ridership. CHIP will transform regional and long distance passenger rail service, connect job centers, reduce our carbon footprint and more. Amtrak and its partners’ $1.1 billion Federal/ State Partnership grant application is supported by a broad coalition of regional government and industry leaders including labor, business, and environmental groups. This phase represents an $873 million FRA investment supported through the Infrastructure Investment and Jobs Act (IIJA). Illinois and Chicago are positioned to win! Stay connected and get involved at Braintrainmidwest.com
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Innovation Excellence, Business Development and Transformation - MD @ SIT Austria | MD @ Green in Business | Decarbonisation - decentralised energy production
In the construction industry, new collaboration models are emerging for complex projects. The traditional Joint Venture (ARGE) model, which has proven successful in the past, is evolving into an Alliance model with increased responsibilities, especially for steering collective goal achievement. In addition, the industry faces the challenge of establishing a new production facility along with professional planning, execution, and commissioning processes for each construction site in the shortest possible time. All of this, often with new Alliance partners. Therefore, it is essential to take a step aside at regular intervals and systematically create innovative solutions that the project team needs to move on to the next phase and achieve the goals. This happened with the project team of the Rhomberg Sersa Rail Group for the Cottbus Alliance Project with Deutsche Bahn. We as SITx are excited to be part of this journey, supporting you, as together we set the results in motion. Let's continue collaborating and achieving success collectively. #ConstructionInnovation #Collaboration #Teamwork #Processreview #Problemsolving #RSRG #DB
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🌟 Exciting Economic Development Update! 🏭During our recent tour of economic development initiatives, we discovered a game-changing project on the horizon - the Dover Logistic Center. Did you know about this exciting new development in Delaware? ✅ 300,000 square feet of opportunity ✅ Prime access to the highway ✅ Zoned for manufacturing ✅ Ideal for manufacturing, warehousing, or logistics This is fantastic news for our community and a promising sign of growth and progress. The possibilities are endless, and we can't wait to see the positive impact this initiative will have on our region's economy.Stay tuned for more updates on we learned on this road show! #EconomicDevelopment #DoverLogisticCenter #DelawareOpportunities 🚀🏭
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✅ 3i Group plc backed Regional Rail, LLC has agreed to acquire Indiana Eastern Railroad and Ohio South Central Railroad, which operates a combined 107 miles freight railroad. 3i and Regional Rail have partnered since 2019 and have more than quadrupled the number of railroads under Regional Rail’s control across North America. ✅ 3i is an index member of the LPX Index Series managed by LPX AG. Link to official press release 👉 https://lnkd.in/efk9Vc9W ➡ Interested to learn more? Subscribe to Listed Private Equity Barometer published by LPX AG - https://lnkd.in/ex-E8nej Disclaimer: This content is provided for informational purposes and none of the content here should be construed as financial advice or an offer or solicitation for securities. The content is not intended to provide a sufficient basis on which to make an investment decision. The past performance is not indicative of future results. #privateequity #alternativeinvestments #infrastructure #privatemarkets #investments #listedprivateequity #infrastructure
We are pleased to announce that our portfolio company Regional Rail, LLC has agreed to acquire Indiana Eastern Railroad and Ohio South Central Railroad, which operate a combined 107 miles of mainline freight railroad across Indiana and Ohio. The rail lines serve an attractive set of industrial customers across a variety of end-markets, including food & agriculture and chemicals, and further expand Regional Rail’s existing Midwest U.S. presence. Find out more here: https://shorturl.at/tyBY7
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At Norfolk Southern, we're on a transformative journey that’s a Better Way Forward for our company and the rail industry. Our team is building resilience and operational excellence into every aspect of our business. We’re making strategic investments in safe and reliable service, driving continuous productivity, and innovating solutions to deliver smart, sustainable growth. This is what Better Way Forward is all about – unlocking the full potential of our powerful franchise. It's more than a strategy; it's a pathway to creating long-term value for our customers, employees, shareholders, and communities. Learn more about our strategy at https://lnkd.in/d5NJCwXY. #NSBetterWayForward #NorfolkSouthern #Strategy
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Today, the Chicago Hub Improvement Program (CHIP), was publicly announced at South Loop's South Gate Market. I was honored to attend today and felt a little nostalgic since I used to live not far from there. 🚄🏙️ This initiative brings together a powerful coalition, including esteemed leaders from various levels of government: IDOT Secretary Omer Osman, Gov. JB Pritzker, Senator Richard Durbin and Senator Tammy Duckworth, Representative Mike Quigley, Chicago Mayor Brandon Johnson, Cook County Board President Toni Preckwinkle, and transportation and business officials from Amtrak, Metra Commuter Rail, Rheaply, P33 Chicago, and World Business Chicago. The traffic on the express ways has been a topic of conversation for months now. By establishing a direct route from O'Hare to the city, that traffic congestion can be resolved along with the bottlenecking that happens on tracks and in the station, because of more efficient and sustainable transportation options. This upgrade is also vital to Chicago's local economy to bolster shipping, logistics, and to generate well-paying job opportunities for residents. 🌟✈️ All that's left is to get the US Congress to fully fund the Federal Railroad Administration in the 2024 federal budget, allowing transformative programs like CHIP to thrive and build a more prosperous region with increased freedom to travel for all.
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The I-40 TradePort Corridor Coalition advances public and private partnerships, and launches a system website. The first phase of the transcontinental I-40 TradePort Corridor system has made a range of advances in site identification, capital infrastructure planning, private partner development, and with partners for a spectrum of investment propositions to the federal government. Capitalizing on the recent designation of the Corridor as a Regional Infrastructure Accelerator by the US Department of Transportation, three federal investments are proposed, including investments in clean energy power and transportation infrastructure, roads and industrial infrastructure, and Port-to-TradePort hub intelligent cargo technology infrastructure. GLDPartners and the Corridor are working with truck OEMs, tech companies, shippers and research institutions on the deployment of next-generation technologies to move cargo to and within the TradePort complexes. By systems integration and the introduction of applied technologies, the objective is to produce significant cost and time efficiencies to shippers. We are excited to work with globally leading transportation research institutions such as UC Berkeley PATH on this. Other federal investment propositions are envisioned over the next 24 months. Along with private investment, these projects would support the early stages of development of TradePort hubs and Truck Mobility Complexes stretching from the Port of Los Angeles to Kingman, Arizona, Winslow, Arizona and Albuquerque, New Mexico. To support a national end-to-end supply chain system, there are plans later to extend the TradePort system eastward through Texas and Oklahoma, and into Midwest and Mid-South regions. Private participation is the key to the development of the TradePort system and GLDPartners has created a TradePort Consortium which is comprised of private companies that share an interest in developing an integrated state of the art clean energy, logistics and industrial infrastructure system. The Consortium is comprised of large shippers, truck and rail interests, clean energy players and risk capital investors. Please see the I-40 TradePort Corridor website at https://lnkd.in/ghY6pvja. #i40tradeportcorridor #bernalillocounty #sandovalcounty #kingmanarizona #winslowarizona #buildamericabureau #truckmobilitycomplex #ucberkleypath #portoflosangeles #sustainabletransportation #supplychainmanagement #intelligenttransportationsystems
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In our latest blog post, Tilson's AVP of Construction Technology, Trudi Fenster, shares her main takeaways from this year's Construction Financial Management Association (CFMA) Conference. Beyond customary sessions highlighting the latest technologies, the common thread across the conference underscores the importance of relationships in shaping a successful technology strategy. Building long-lasting technology partnerships is just as vital as the technologies themselves. "Customers partner with Tilson because we are their trusted construction technology partner, adept at cultivating long-lasting relationships, driving business growth, and expertly managing their technological requirements," said Trudi. "Our expertise goes beyond one-off projects; clients form ongoing partnerships with Tilson to lead organizational change and facilitate digital transformation." Read Trudi's full article on Tilson's blog: https://bit.ly/3Knn3Bt #onamission #contech #partnerships
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Not sure what to expect this year with all the looming economic uncertainty? One thing that's clear, thanks to this article by Paul Bergeron from GlobeSt.com, is that industrial commercial real estate will continue to outperform its counterparts, specifically in the Southeast and Southwest regions due to "tremendous population growth, deep labor pools, and overall business-friendly climates." We can expect Texas' industrial activity to "remain healthy in 2023 despite recent economic headwinds." Key industries driving this activity are: - Automotive - Wholesalers - Third Party Logistics - Manufacturing - Construction & Building Materials It's a great time to lease and purchase industrial space in Austin and our team is here to help you every step of the way! Stream Realty Partners #growth #industrialrealestate #economy2023 #tenantrepresentation
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