Sharemaestro Newsreel

Alabama court upholds benefit cap for Lineage Logistics worker's finger injuries

An Alabama appeals court affirmed a trial court's decision, ruling that a Lineage Logistics worker who lost fingers due to extreme cold is only entitled to scheduled benefits, not full disability pay, despite being deemed permanently and totally disabled. This highlights how state workers' …

LA Councilwoman Jurado unveils legislative package to assist Boyle Heights after Lineage warehouse fire

LA City Councilwoman Ysabel Jurado has introduced a seven-motion legislative package aimed at supporting Boyle Heights residents affected by the recent Lineage warehouse fire. The package focuses on immediate relief, accountability, and building community power, including proposals for a $10 million Mitigation Response Fund, …

L.A. County Approves Financial Relief for Small Businesses Impacted by Lineage Fire

The Los Angeles County Board of Supervisors has approved a motion by Supervisor Hilda L. Solis to provide financial relief to small businesses affected by the Lineage Logistics fire in Boyle Heights. The fire, which occurred on June 17, 2026, caused significant revenue losses, …

Dimensional Fund Advisors LP Purchases 19,189 Shares of LXP Industrial Trust $LXP

Dimensional Fund Advisors LP increased its stake in LXP Industrial Trust (NYSE:LXP) by 2.2% in the first quarter, acquiring an additional 19,189 shares to own a total of 875,247 shares valued at approximately $40.5 million. Other institutional investors also made significant moves, with Balyasny …

Linklaters, Slaughters Guide £14 Billion Prologis Segro Takeover

Linklaters and Slaughter and May advised on US logistics company Prologis's £14 billion ($18.8 billion) acquisition of British real estate company Segro. Linklaters led the guidance for Prologis, whose offer came after Segro's board initially rejected previous bids. The transaction will result in Segro, …

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Americold Realty Trust, Inc. - COLD

Pomerantz LLP is investigating Americold Realty Trust, Inc. (NYSE: COLD) for potential securities fraud after the company announced an expected non-cash impairment charge of $305 million to $320 million. This charge stems from the termination of an agreement with ADUSA Distribution, leading to the …

Earnings call transcript: Innovative Industrial Properties posts mixed Q2 2026 results

Innovative Industrial Properties (IIPR) reported mixed second-quarter 2026 results, beating EPS estimates but missing revenue forecasts. The company's adjusted EPS was $1.36 against a $1.05 estimate, while revenue of $63.3 million fell short of the $67.51 million forecast, partly due to tenant defaults. IIPR …

JLL arranges sale of 6.86-acre shovel-ready industrial site, further boosting one of the country's top gateway markets

JLL Capital Markets has successfully arranged the sale of Gateway Commerce Park Land, a 6.86-acre industrial development site in Miami Gardens, Florida, for seller EastGroup Properties. This shovel-ready site is strategically located along Florida's Turnpike and the Miami-Dade/Broward County line, offering immediate access to …

Bronstein, Gewirtz & Grossman, LLC Is Investigating Lineage, Inc. (LINE) And Encourages Stockholders to Connect

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against Lineage, Inc. (NASDAQ:LINE) on behalf of investors who purchased securities prior to July 25, 2025, and continue to hold them. The investigation concerns whether Lineage and its officers engaged in corporate wrongdoing. The firm …

Is Innovative Industrial Properties (IIPR) A Bargain After Q2 Results And Buyback?

Lineage Logistics Says Approximately 80% Of Food Waste Removed From Warehouse

Lineage Logistics announced that approximately 80% of the food waste has been removed from its fire-damaged warehouse in Boyle Heights and aims to complete bulk removal next week. The company is working around the clock to address odors and public health concerns after a …

PROLOGIS ANNOUNCES PRICING OF COMMON STOCK OFFERING

Prologis, Inc. announced the pricing of an underwritten public offering of 15,000,000 shares of its common stock, expecting to generate approximately $2.1 billion in gross proceeds. The offering is anticipated to close on August 5, 2026, with J.P. Morgan and BofA Securities acting as …

KeyBanc Maintains Extra Space Storage Inc(EXR.US) With Buy Rating

KeyBanc has reaffirmed its Buy rating for Extra Space Storage Inc (EXR.US). This indicates a continued positive outlook from the analyst firm regarding the company's stock performance.

KeyBanc on CubeSmart (CUBE): 'Recovery Momentum Builds, but Awaiting the Next Growth Catalyst'

KeyBanc analyst Todd Thomas reiterated a Sector Weight rating on CubeSmart (CUBE) following its Q2 2026 earnings report. While operating trends and July momentum show signs of recovery, with moderating supply and lower customer turnover supporting this, the analyst believes shares are fairly valued …

Americold Realty Trust Inc. $COLD Shares Sold by Royal Bank of Canada

Prologis announces 15 million share stock offering

Prologis, Inc. (NYSE:PLD) has announced an underwritten public offering of 15 million shares of its common stock, with an option for underwriters to purchase an additional 2.25 million shares. The company intends to use the net proceeds for general corporate purposes, including potential acquisitions …

Prologis offers to acquire SEGRO with a £14 bil...

Prologis has made an offer to acquire SEGRO plc for approximately £14 billion through a combination of shares and a partial cash option. SEGRO shareholders can receive 0.0920 new Prologis shares per SEGRO share or opt for up to 25% cash, representing a 39% …

Prologis May Use Stock Proceeds for Potential SEGRO Acquisition

Prologis (NYSE: PLD) has launched an underwritten public offering of 15 million shares of common stock, with an option for underwriters to purchase an additional 2.25 million shares. The net proceeds will be used for general corporate purposes, including funding potential acquisitions like the …

Renaissance Technologies LLC Sells 101,600 Shares of LXP Industrial Trust $LXP

Prologis, Inc. Announces Recommended Combination

Prologis, Inc. and SEGRO plc have announced a recommended share offer with a partial cash alternative for Prologis to acquire the entire issued share capital of SEGRO. The combination values SEGRO at approximately £14.3 billion, representing a significant premium to its recent share price …

SEGRO shareholders offered cash and Prologis shares in about £14B deal

Prologis has agreed to acquire SEGRO through a recommended all-share offer with a partial cash alternative, valuing SEGRO's equity at approximately £14.0 billion to £14.3 billion. SEGRO shareholders will receive 0.0920 new Prologis shares per SEGRO share, with an option to take up to …

Edgestream Partners L.P. Buys Shares of 35,205 LXP Industrial Trust $LXP

California State Teachers Retirement System Has $11.49 Million Stake in EastGroup Properties, Inc. $EGP

Lineage says 80% of food waste removed as Boyle Heights warehouse fire cleanup nears 1 month

Nearly a month after a massive fire destroyed the Lineage Logistics warehouse in Boyle Heights, 80% of the food waste has been removed. The cleanup efforts, which involve hundreds of workers, aim for the fastest and safest possible removal of waste, reduction of odors, …

Smartstop Self Storage REIT Inc $SMA Shares Acquired by Bank of New York Mellon Corp

Prologis to acquire SEGRO for $18.8 billion

Prologis, Inc. announced its intention to acquire SEGRO plc for approximately $18.8 billion, a move that will significantly expand Prologis' European footprint. SEGRO shareholders will receive new Prologis shares, with a partial cash alternative available. The transaction, expected to close in the first half …

Prologis to Buy U.K.’s Segro for $18.8 Billion

Prologis has agreed to acquire UK-based Segro for £14 billion ($18.81 billion), significantly expanding its presence in the European warehouse market. The deal offers Segro shareholders 0.0920 newly issued shares in Prologis for each Segro share, along with a partial cash option. This acquisition …

Prologis Announces Recommended Acquisition of SEGRO plc

Prologis, Inc. has announced a recommended acquisition of SEGRO plc, valuing SEGRO at approximately $18.8 billion. This combination aims to expand Prologis’ European platform, enhance long-term growth opportunities, and create a stronger global network for customers. The transaction is expected to close in the …

Public Storage (PSA) Could Be 2% Undervalued As Raised 2026 Guidance Lifts Attention

Public Storage (PSA) is gaining investor attention after raising its 2026 guidance, reporting strong second-quarter results, and expanding solar partnerships. The stock is currently seen as 2.3% undervalued, with a fair value estimated at $333.53, slightly above its current trading price of $325.90. While …

As Lineage warehouse cleanup continues, Boyle Heights residents voice displeasure with process

Boyle Heights residents are expressing dissatisfaction with the ongoing cleanup process at the Lineage cold storage facility, over a month after a fire. The incident left millions of pounds of spoiled food, and the lengthy cleanup is causing frustration among the community. Jeff Nguyen …

Is STAG Industrial's (STAG) Steady Dividend Masking Subtler Profit Pressures?

STAG Industrial reported mixed Q2 2026 results with increased revenue and quarterly net income but a decline in net income for the first half of the year. Despite these profit pressures and concerns about interest coverage, the company maintained its Q3 2026 dividend of …

Innovative Industrial Properties (IIPR) Q2 FFO Surpass Estimates

Innovative Industrial Properties (IIPR) reported Q2 FFO of $1.83 per share, exceeding the Zacks Consensus Estimate of $1.78. Although the company missed revenue estimates, its shares have increased by 24.2% year-to-date, outperforming the S&P 500, and it currently holds a Zacks Rank #2 (Buy).

Investigation into Americold Realty Trust for Securities Violations

Schall, Brown & Schwartz LLP is investigating Americold Realty Trust for potential securities violations, focusing on whether the company made misleading statements to investors. This investigation follows Americold's disclosure of a termination agreement with ADUSA Distribution, leading to the closure of an automated retail …

Earnings Flash (IIPR) Innovative Industrial Properties, Inc. Posts Q2 AFFO $1.83 per Share, vs. FactSet Est of $1.78

Innovative Industrial Properties, Inc. (IIPR) announced its Q2 Adjusted Funds From Operations (AFFO) reached $1.83 per share, surpassing FactSet's estimate of $1.78. The company's revenue for the quarter was reported at $63.3 million, falling short of the FactSet estimate of $67.1 million. Innovative Industrial …

Innovative Industrial (NYSE: IIPR) lifts Q2 net income to $40.7M

Innovative Industrial Properties (IIPR) reported a significant increase in Q2 2026 net income to $40.7 million, up from $25.1 million in the prior year, with total revenues reaching $63.3 million. The company also announced a quarterly common dividend of $1.90 per share and highlighted …

ComEd plans 44 MW rooftop solar portfolio in Illinois

ComEd, in partnership with Solar Landscape and Public Storage, is developing a 44 MW rooftop community solar portfolio across 60 sites in Illinois. This initiative aims to provide electricity for approximately 6,150 households, with subscribers collectively saving around $750,000 annually. The project is expected …