Industrial

Experts say it will be another good year, with caveats.

At 242,000 square feet and six buildings, the deal is the largest to close in the submarket's history.

The best office candidates for industrial conversion tend to be older suburban assets.

The most popular size segment for industrial leases in the third quarter was the 10,000 to 49,000 square foot range.

The recovery could also see a drag from continued labor shortages and supply chain issues.

The investments posted a total return of 0.63% in the period.

From self storage to life science to data centers, niche property types are dominating investment activity post-pandemic.

There is a projected 855 million square feet of absorption and new supply of industrial properties at 932 million square feet expected in 2022.