Record-low vacancy and new demand drivers pushed industrial development activity to a cycle high in 2017 with the completion of more than 240 million square feet. This year, construction has been concentrated in a handful of shipping and logistics hubs with Riverside-San Bernardino leading the way, followed by Dallas/Fort Worth, Atlanta, Chicago, Phoenix and Houston, according to a recent report by Marcus & Millichap.—Lisa Brown
NEWS AND NOTABLES
DALLAS—HFF has hired Ross Sanders as a senior director within HFF's national seniors housing group led by senior managing directors Chad Lavender and Ryan Maconachy. Sanders will focus on seniors housing-related investment advisory, debt and equity placement transactions throughout the United States.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
