Industrial

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The developer breaks ground on a 1.2 million square foot industrial facility in Perris, California.

Modway is expanding to Hesperia in San Bernardino County, and more number of industrial users could soon follow.

CBRE's chief global economist expects the roll-out of a Coronavirus vaccine, a new President and general optimism to fuel the start of the recovery.

The firm plans to deploy $350 million to $500 million over the next five years in both acquisition and development.

The Orange County industrial market has seen strong demand for large blocks of space, but spaces less that 50,000 square feet have struggled.

Buoyed by continuing strength in e-commerce, the warehouse/distribution vacancy rate was unchanged in the Q3.

As the largest industrial building under construction in the Laredo area, Tailwind II Logistics Center will service Laredo's growing demand for warehouse space with the modern efficiencies users desire.