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Capital is entering the space, which is helping maintain values.
In the second half of 2020, large-scale speculative construction projects or expansions at existing industrial parks were announced in multiple Florida markets.
The campus is now listed with Transwestern Real Estate Services.
The announcement is part of the growing CRE blank check company activity.
Still, the rent payment numbers are much lower than they were before the pandemic.
At the same time the REIT is still hedging against possible additional bankruptcies and rent abatements.
Even small changes in the supply and demand driven by e-commerce could change the sector's dynamics.
Charlotte, Austin lead the way for new deliveries.
New trends include an influx of New York City family offices chasing industrial product, particularly in the Southeast region.
The outlook for the financing of retail properties will continue to move in a positive direction.