Industrial

Positive momentum is largely thanks to "the sheer dominance" of e-commerce giant Amazon.

The 1.6-acre property consists of two adjacent parcels that will accommodate a 616,000-square-foot development.

The e-commerce giant signs a 4.1M SF lease in Ontario, CA for a new five-story robotics facility.

The newly-formed partnership between AVR Realty Co. and Scannell Properties has retained JLL to exclusively lease the two-facility, state-of-the-art development.

SRG built the two headquarters-distribution buildings, which total 172,516 square feet.

JLL Income Property Trust acquired the 665,000-square-foot, three-building industrial property.

It will pursue investment opportunities ahead of a formal fund raise.

Strong demand for industrial is helping to offset construction challenges, like the labor shortage and supply chain disruptions.