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.
Given the continued strength of the San Francisco residential market, despite COVID, Allrise envisions the creation of several multi-purpose buildings comprised of more than 800 residential units in the next several years.
According to StorageCafé, the cities with the highest self storage square footage are in Texas, with Austin, Houston, Dallas-Fort Worth and San Antonio all offering more than 9 square feet per capita.
Demand has been higher for industrial assets above 75,000 square feet, but the demand wasn't enough to generate positive absorption in Orange County last quarter.
VanTrust Real Estate LLC recently broke ground on the 75-acre Fort Worth Logistics Hub in south Fort Worth consisting of two phases: a 670,941-square-foot spec logistics facility and a 606,480-square-foot building.
Blackstone Real Estate and COPT will acquire interests in eight single-tenant, data center shell properties totaling 1.3 million square feet and valued at $293 million.