Leasing

The latest deals, personnel moves and trends in the Midwest.

Driven both by e-commerce and demand coming from auto suppliers, Midwest markets like Louisville are having their best years ever.

Even though the sector has been expanding for nine years, investors' interest has not slackened at all.

Like the self-storage and senior housing sectors, the demographics for student housing make it a safe bet.

“To maximize Trenton's residential market, it will be important to focus on developing higher-density housing types while also redeveloping existing buildings in downtown Trenton,” says Greater Trenton's George Sowa.

“The Philadelphia region is particularly well-positioned with a strong industry presence in University City, the Route 202 corridor, and the Navy Yard, among others," says CBRE's Ian Anderson, lead author of the report.

“The growth of e-commerce has triggered a permanent, structural change in demand for these properties,” says Adam Mullen at CBRE.

Food and beverage concepts and retailtainment are among the growth areas in both new development and redevelopment.