New commercial real estate company provides materials handling services

Bastian development integrates real estate, logistics, and material handling
By Modern Materials Handling Staff
November 11, 2010 - MMH Editorial

Bill Bastian II announced recently the formation of Bastian Development, a commercial real estate company that will provide real estate development, logistics and materials handling on a national basis.  With this expertise, Bastian Development will integrate the tenant’s internal and external processes into the building design. Bastian Development’s primary affiliate, Bastian Material Handling, has provided the design and integration of materials handling systems to clients worldwide since 1952. This affiliation will allow Bastian Development to immediate support and provide services to a large existing client base.

“The formation of Bastian Development will allow us to provide real estate solutions to our existing client base and expand our exposure to other industrial users.  This addition makes us the only developer and owner of real estate that will integrate real estate, logistics and material handling on a national basis,” said Bastian.

The initial plans call for eight regional offices located in the United States and the recruitment of experienced commercial real estate personnel.  The first step in this process has been the hiring of Lance Collins, a 20-year veteran of commercial real estate, who will oversee the startup and day-to-day operations as general manager.

“I am proud to join the Bastian family of companies as general manager of Bastian Development.  The commercial real estate industry has become a commodity-based business, which requires the tenant to design and run their operation around whatever building the developer or landlord provides.  With the creation of Bastian Development, we will be able to partner with our clients and provide a broader and more complete facility solution.”

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Seasonally-adjusted (SA) for-hire truck tonnage in October at 135.7 (2000=100) was up 1.9 percent compared to September’s 133.1, and the ATA’s not seasonally-adjusted (NSA) index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment was 139.8 in October, which was 0.9 percent ahead of September.

The average price per gallon of diesel gasoline fell 3.7 cents to $2.445 per gallon, according to data issued today by the Department of Energy’s Energy Information Administration (EIA). This marks the lowest weekly price for diesel since June 1, 2009, when it was at $2.352 per gallon.

In its report, entitled “Grey is the new Black,” JLL takes a close look at supply chain-related trends that can influence retailers’ approaches to Black Friday.

This year, it's all about the digital supply network. In this virtual conference, we will define the challenges currently facing supply chain organizations and offer solutions designed to transform linear operations into dynamic, automated networks that offer seamless communication, visibility, and the ability to respond and optimize processes at any given time.

In his opening comments assessing the economy at last week’s RailTrends conference hosted by Progressive Railroading magazine and independent railroad analyst Tony Hatch, FTR Senior analyst Larry Gross said the economy continues to slog ahead at a relatively tepid pace, coupled with some volatility in terms of overall GDP growth. And amid that slogging, Gross said there is currently an economic hand-off occurring between the industrial sector and the consumer sector.


Post a comment
Commenting is not available in this channel entry.