Articles from Link Logistics

Link Logistics (“Link” or the “Company”), a leading operator of last-mile logistics real estate, today announced the release of its 2023 Sustainability Report.

Link Logistics (“Link” or the “Company”), a leading operator of last-mile logistics real estate, today announced the appointment of two key executives to its leadership team: Shannon Jensen as executive vice president and general counsel, effective September 1, 2024, and Bridgette Moore as chief people officer, effective September 4, 2024. Reporting directly to Link Logistics chief executive officer Luke J. Petherbridge, Ms. Jensen and Ms. Moore will play critical roles in supporting the Company’s next phase of growth and reinforcing its commitment to excellence and innovation.

Link Logistics (“Link” or the “Company”), a leading operator of last-mile logistics real estate, today provided an update on the Company’s first quarter 2024 activity. The Company owns, has interests in or has under development properties that upon completion will represent a total of 533 million square feet and is currently the largest U.S.-only operator of logistics real estate. Link Logistics’ operating portfolio is 94.6 percent leased on a same-store basis. The Company executed 17.8 million square feet of leasing during the first quarter. Additionally, Link Logistics generated quarterly blended cash leasing spreads of 44.4 percent during the first quarter.

Link Logistics (“Link” or the “Company”), a leading operator of the largest portfolio of logistics real estate assets located exclusively in the U.S., today announced that it has received the 2024 ENERGY STAR Partner of the Year Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA). This is the third consecutive year that Link Logistics has received the prestigious Partner of the Year recognition, which distinguishes the top corporate energy management programs. The Company was awarded the Sustained Excellence distinction for the first time, which is reserved for ENERGY STAR partners demonstrating outstanding leadership year over year. Link Logistics was also honored with ENERGY STAR’s Excellence in Data Innovation Award in recognition of the Company’s first-of-its-kind energy and utility management program, Energy Solutions. Through Energy Solutions, Link Logistics’ in-house team of energy and utility experts oversees utility billing and administration on behalf of its customers with the goal of decreasing energy usage across Link Logistics’ platform and delivering energy savings for customers.

Link Logistics (“Link” or the “Company”), a leading operator of the largest portfolio of logistics real estate assets located exclusively in the U.S., today announced Foundry’s CIO has named the Company as a 2024 CIO 100 Award winner for its digital customer-focused platform, Link+. The CIO 100 Awards recognize organizations and the teams within them that are using technology to deliver tangible value for stakeholders.

Link Logistics (“Link” or the “Company”), a leading operator of the largest portfolio of logistics real estate assets located exclusively in the U.S., today provided an update on the Company’s fourth quarter and full year 2023 activity. The Company owns, has interests in or has under development properties that upon completion will represent a total of 539 million square feet. Link Logistics’ operating portfolio is 96.2 percent leased on a same-store basis. The Company executed 23.4 million square feet of leasing during the fourth quarter, up from 18.5 million square feet of leasing in the same quarter the prior year, bringing its full year leasing total to 86.0 million square feet. Additionally, Link Logistics generated quarterly blended cash leasing spreads of 55.6 percent during the fourth quarter.

Link Logistics (“Link” or the “Company”), the largest U.S.-only owner and operator of last-mile industrial real estate, today announced that its chief executive officer, Luke J. Petherbridge, and its Sustainability and Development programs were recognized by the prestigious 2023 CPE Influence Awards, which honor the industry’s top leaders and organizations. The awards are presented by Commercial Property Executive, a leading source of news and analysis for commercial real estate professionals.

Link Logistics (“Link” or the “Company”), the largest U.S.-only owner and operator of last-mile industrial real estate, today provided an update on its Community Grants Program, which aids nonprofits through infrastructure grants that focus on optimizing and expanding operations and functionality.

Link Logistics (“Link” or the “Company”), the largest U.S.-only owner and operator of last-mile industrial real estate, today provided an update on the Company’s third quarter 2023 activity. The Company owns, has interests in or has under development properties that upon completion will represent a total of 538 million square feet. Link Logistics’ operating portfolio is 96.4 percent leased on a same-store basis. During the quarter, the Company executed 24.4 million square feet of leasing and generated quarterly blended cash leasing spreads of 57 percent, up from 52 percent in the prior quarter.

Link Logistics, the owner and operator of the largest U.S.-only portfolio of logistics real estate, joined CoreGiving, a nonprofit organization founded to fight childhood hunger across the U.S., for the third annual CoreGiving Day on Thursday, October 5, 2023. This year’s event saw more than 2,400 employees from Blackstone and 16 of its real estate portfolio companies donate their time to support local food banks in over 60 cities, making more than 800,000 meals accessible for neighbors in need.

Link Logistics (“Link” or the “Company”), the largest U.S.-only owner and operator of last-mile industrial real estate, today announced it has released its 2022 Environmental, Social and Governance (ESG) Report.

Link Logistics (“Link” or the “Company”) today announced that it has been named to the 2023 Inc. 5000 list, the prestigious ranking of the fastest-growing private companies in America. Over the past three years, Link has added 135 million square feet of high-quality infill real estate to its national portfolio and expanded its customer base from 5,800 to more than 10,000 customers.

Link Logistics (“Link” or the “Company”), the largest U.S.-only owner and operator of last-mile industrial real estate, today provided an update on the Company’s second quarter 2023 activity. The Company owns, has interests in or has under development properties that upon completion will represent a total of 535 million square feet. Link Logistics’ operating portfolio is 96.4 percent leased on a same-store basis, and the Company executed 13.3 million square feet of leasing during the quarter on a same-store basis. Additionally in the second quarter, Link Logistics generated blended cash leasing spreads of 52 percent.

Link Logistics (“Link” or the “Company”), a leading national last-mile logistics real estate company designed to meet the needs of the modern supply chain, today provided an update on the Company’s first quarter 2023 activity. The Company owns, has interests in or has under development properties that upon completion will represent a total of 545 million square feet. Link Logistics’ operating portfolio is 97.0 percent leased on a same-store basis. The Company executed 17.4 million square feet of leasing during the quarter on a same-store basis, compared to 15.3 million square feet of leasing in the prior quarter and 15.6 million square feet of leasing in the same quarter the prior year. Additionally, Link Logistics generated blended cash leasing spreads of 47.7 percent in the first quarter, up from 26.7 percent in the same quarter the prior year.

Link Logistics (“Link”), a leading national last-mile logistics real estate company designed to meet the needs of the modern supply chain, and Carrier Global Corporation (NYSECARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, today announced a collaboration to deliver energy management and analytics across Link’s enterprise portfolio. The collaboration will unlock value by enhancing energy efficiency for Link’s assets and more than 11,000 customers.

Link Logistics (“Link” or the “Company”), a leading national last-mile logistics real estate company designed to meet the needs of the modern supply chain, today announced that it has received the 2023 ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE). This is the second consecutive year that Link has received this recognition, which distinguishes the top corporate energy management programs. In 2022, Link Logistics was the first company in the industrial real estate sector to be honored with this award.

Link Logistics (“Link” or the “Company”), a leading national last-mile logistics real estate company designed to meet the needs of the modern supply chain, today provided an update on the Company’s fourth quarter and full year 2022 activity. The Company owns, has interests in or has under development properties that, upon completion, will represent a total of 545 million square feet. Link’s operating portfolio is 97.3 percent leased on a same store basis, compared to 97.7 percent from the year-ago quarter. The Company executed 18.5 million square feet of leasing during the quarter, bringing its full-year leasing total to 78.5 million square feet. Additionally, Link generated record blended cash leasing spreads of 63.5 percent in the fourth quarter, up from 33.4 percent in the same quarter the prior year.

Link Logistics (“Link” or the “Company”), the operator and owner of the largest U.S.-only portfolio of logistics real estate, today provided an update on the Company’s third quarter 2022 activity. The Company owns, has interests in or has under development properties that upon completion will represent a total of 550 million square feet (478 million square feet at pro rata share). Link’s operating portfolio is 97.4 percent leased on a same store basis, up from 97.0 percent in the same quarter from the prior year. The Company executed 18.9 million square feet of leasing during the quarter and achieved record quarterly blended cash leasing spreads of 51.8 percent, driven largely by mark-to-market.