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Premier Industrial commercial real estate news, analysis, trends and information including warehouse, distribution, logistics, e-commerce, self storage and R&D space deals and players.
The assets take up a total of 1.4 million square feet.
Construction completions are expected to fall over the next few quarters.
Submit a nominee for GlobeSt.'s 2025 Influencers in Net Lease recognition before the deadline on January 8th!
This is the third loan Stonepeak has received from PGIM this year.
Madison Capital Group is behind the $250 million initiative.
Industrial vacancy stands at 6.6% while retail vacancy is 4.5%.
The properties are fully leased to PODS.
Construction has plummeted 45% from a year ago to 158 million square feet.
A three-building, 724K square feet campus in Richmond went for $183 per square foot.
Amazon wants to create one-stop locations to be more competitive.