The developer has acquired a 12-acre parcel of land to build a 250,000-square-foot industrial development in Tejon Ranch Commerce Center.

Investment ratings are not the end of the story, masking as they sometimes do hidden gems.

But Moody's says that cautious optimism is the best approach.

Globally, sales of commercial real estate hit $1.3 trillion last year.

The annual average pricing for life science and R&D space with an office component hit an average of $537 per square foot nationally in 2021.

Sector giant Equinix is developing low-carbon fuel cells while the newest player, Switch, builds a pipeline for recycled water in Nevada.

Quarterly volume topped $50 billion for only the fourth time in history.

Labor, lumber, supply chain are key factors, according to the NAHB/Wells Fargo Housing Opportunity Index.