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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 portfolio includes 126 single-tenant, net-leased, e-commerce focused industrial properties containing over 26 million square feet of space.
The firm acquired Smoky Hollow Flex Campus, a 152,000 square foot flex industrial building, in an off-market deal.
Alex Sharrin with JLL Capital Markets discussed how net-leased assets in the Sunbelt markets are leading the way through the recovery.
The multifamily and industrial sectors were primary drivers of growth in the smaller property sector.
Investors and third-party logistics providers are snapping up cold storage warehouses, with 90 percent of 3PLs planning to add freezer capacity.
NAIOP said insufficient space "is so great that firms are getting creative by renting properties that can be adapted to serve their purposes."
New technologies can make it easier to inspect overhead for damage or wear and tear.
But for a clear look it's important to get beyond pure dollar values.
Developers reportedly built 2.3 million square feet last year, increasing the industrial supply by 1%.
Presented by Thought Leadership
West Coast markets tell the story of a hot sector with an array of challenges.