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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 has acquired 75 properties with a diversified rent roll and balanced lease maturity schedule.
"Not since Q2 2018 were these levels seen."
The opportunity to achieve healthy risk-adjusted returns will keep net lease in favor this year.
The offer is $16 a share, a 22% premium to the most recent unaffected price.
Facing opposition from environmentalists, Transwestern Development Co. withdrew an application to build the Eastern Empire Fulfillment Center.
The developer has launched six new projects in the Inland Empire and Orange County.
Equity Group Investments has announced an investment in East Coast Warehouse.
CommericalEdge reported that plenty more product is under construction, particularly in Dallas-Fort Worth.
The firm has acquired two land parcels along Interstate 90, with plans to develop a state-of-the-art, speculative industrial building.
Ground leases provide early capital at a favorable rate, helping to de-risk the deal for construction lenders.