Industrial

Jason Lund joins the firm as managing director to advise office, industrial, multifamily and retail clients on technology infrastructure solutions.

Price elasticity of rents has declined as tenant shift focus to industrial locations near urban environments with access to population centers.

The acquisition comprises industrial, warehouse and flex product within the Orlando suburb of Lake Mary, FL.

The company purchased the two land sites from Schuck Communities and plans to develop a one-million-square-foot, built-to-suit distribution facility for a national home improvement retailer.

Many investors see self-storage as an opportunity for diversification.

The REIT also inked its first $2.8 billion revolving credit facility and sustainability-linked loan.

The developer breaks ground on two industrial facilities at Brown Field Technology Park in Otay Mesa.

In Q4 2020, industrial saw $11.9 billion in sales volume at an average price per square foot of $100 per square foot.