NIC conference panelists pointed to strong operating results and projected rent increases of 5% to 8% in 2027.

However, expensive projects and elevated costs make it harder for developers and residents to afford.

Executives at the NIC Fall Conference said local reputation, service and measurable results matter more than a familiar corporate name.

Activity is diversified with the reemergence of legacy 3PL and consumer goods groups.

From leasing to resident relations, on-site managers play a central role in delivering the experience operators sell.

Now, a buyer(s) will have a chance to renovate a two-property portfolio.

Technology companies are driving leasing momentum as high-quality facilities with sufficient power, ceiling height and loading capacity become harder to find.

Demand for Class A space, limited construction and office conversions are shifting negotiating leverage away from tenants.