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52 projects totaling 27.2 million square feet are under construction, setting a new record for the most space being developed at one time
New "touchless" features are being demanded, and included, in new construction during the COVID-19 pandemic.
In the past couple of decades, the construction sector has been plagued by dismal performance. according to McKinsey & Co.
The industrial real estate sector showed significant gains in new redevelopment/redevelopment, building acquisitions and deal activity.
CBRE's latest weekly podcast focused on the cold storage sector. GlobeSt.com talked to CBRE's Matthew Walaszek, who helped put the podcast together.
The firm has $180 million in commitments for its $200 million value-add fund III, which is scheduled to close at the end of the year.
The industrial sector is expected to weather the economic ramifications of the COVID-19 pandemic better than other areas of the economy, Colliers says.
