Cannabis REIT Innovative Industrial Properties has posted strong historical performance without any federal policy support and is expected to continue to outperform.
Sales volume and prospecting activity held steady in the third quarter. WCRE states that third quarter leasing activity was higher in Camden County, and particularly in Cherry Hill, but fell for the region overall. Gross leasing absorption was positive, but trended lower quarter-over-quarter.
The Society of Industrial and Office Realtors will host its 2019 Fall World Conference from October 17 to 19 in Portland, where nearly 1,000 commercial real estate professionals will discuss CRE's latest trends.
JLL's newly hired tenant rep specialist Mike Sample focuses on servicing fast growing technology companies and the San Francisco office market sits primed for that type of activity.
Class A vacancy in the suburban region remained flat at 22.3%, however the vacancy rate in high quality, trophy assets in the suburban office market ended the third quarter at 16.6%, down 170 basis points from the same time period in 2017.