IRHM, Your Global Window into Real Estate and Hospitality

April 3, 2026

J.P. Morgan

Ahold Delhaize USA has secured a $475 million investment from Blackstone Credit & Insurance to develop a new, highly automated distribution centre in Burlington, North Carolina. This strategic partnership utilizes a triple net lease structure, where Blackstone funds the total construction costs and retains ownership of the site while the retail giant manages operations. The project is designed to enhance the supply chain for the Food Lion brand, creating over 500 jobs and integrating advanced technology to streamline grocery delivery across the region.
Modon Holding has announced a significant entry into the US residential market by forming a joint venture to build Harborside 4 in Jersey City. The Abu Dhabi-based firm will take a majority stake in the 54-story luxury tower alongside US giants Related Companies and Panepinto Properties. This waterfront development is set to provide 800 new homes, split between rental units and luxury condominiums, by early 2029.

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