Industrial

Half of the US markets tracked by Colliers reported industrial occupancy gains of more than 5M SF in 2021.

The company bought a 7.4-acre land site in Corona, CA and a 4-acre land site in Fontana.

The firm has sold four single-tenant assets totaling 2.5 million square feet in the Midwest and Southeast.

The newly formed venture comprises 31 logistics assets located in infill locations in high-growth markets.

Average asking rents for warehouses within 5 to 10 miles of ports run between 41% and 63% higher than in outlying areas.

The future will still rely on highly skilled labor to operate complex systems and machinery, alongside robotics—labor that is increasingly more difficult to find.

The global biopharmaceutical will develop its newest core R&D facility at Alexandria Real Estate Equities' Alexandria Point property in San Diego's UTC area.

The company has purchased a class A office property in Mt. Laurel, NJ and plans to develop 184,500-SF, state-of-the-art logistics facility.