Industrial

Construction starts increased in the first quarter 25% year-over-year—the highest quarterly volume since the company began tracking.

"The transaction provides Equity Commonwealth with a high-quality, net-leased industrial business with stable cash flows, says Chairman Sam Zell.

Generally, these fixed-rate 20- or 30-year loans offer interest rates in the 5% to 6% range.

From Austin to Lehigh Valley new markets are emerging for industrial growth.

While most core or core-plus investors expect their unlevered target returns to fall slightly or stay the same, those further out on the yield curve anticipate gains.

The firm acquired two adjacent parcels totaling 1.8 acres from Clise Properties.

Some sellers are disappointed they cannot yet achieve pre-pandemic prices.

On average, US industrial assets traded for $110.04 per square foot last month.