Broe teams with OmniTRAX arm to develop multimodal hubs

Broe Real Estate Group (BREG) recently announced an investment of $100 million to grow its industrial rail real estate platform into a national network of industrial outdoor storage and multimodal logistics  hubs designed to serve evolving domestic supply chains.  

The platform is a collaboration with BREG’s OmniTRAX Inc., pairing rail operating expertise with fully integrated site selection, design and commercialization services, BREG officials said in a press release. The companies seek to expand into population-dense markets where OmniTRAX and Class I rail connectivity can deliver faster, more efficient port-to-consumer solutions. 

Through OmniTRAX’s 35 railroads, the hubs would connect industrial customers to the North American freight-rail system, including seamless interchanges to Class Is and access to five major ports. 

“Customer demand for non-traditional industrial sites that combine efficient market access with multimodal connectivity is exceptionally high,” said BREG Senior Vice President Chris Tecu. 

BREG and OmniTRAX plan to leverage their combined railroad and real estate expertise to identify, reposition and help market under-utilized rail-connected and railroad-adjacent properties, both across OmniTRAX short-line territories and through partnership opportunities with other railroad owners, including Class Is.