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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.
It was back-to-back quarters of increased volume and a rising lending momentum index give hope.
Of the investments announced during the first year, 40% have been delayed or paused.
Tenants are favoring newer and higher-tech facilities
It includes two buildings.
The move follows its Spain purchase.
They are located in three different states.
Portfolio and entity trades increased 24% over the past year, indicating that institutional capital is returning to the market.
A post-pandemic building boom is coming to an end, with only 46 million square feet of speculative projects breaking ground in Q2.
The cost comes out to $183 per square foot.
It is a burgeoning subsector.