Industrial

A massive, 60-acre mixed-use development in Burbank is steeped in amenities, sustainable protocols and community involvement. The owners say it will redefine the local business market.

CBRE's Q3 industrial report breaks down the state's strong leasing activity and pricing.

Much of the discussion pointed to the upsides in what, so far in 2020, has been mostly seen as a negative story in many sectors.

Investors and developers are looking to warehouse conversions in a bid to take advantage of the higher returns and strong rental growth of the logistics sector.

Lowe's Companies Inc. has signed a lease for 120,000 square feet in Kyle Crossing Business Park where it plans to open a distribution center, occupying approximately 60% of building one.

Industrial is still drawing more interest than other CRE sectors, with an increase in both transactions and new development activity.

CenterPoint Properties recently purchased the 707,820-square-foot Bay Area Logistics Center from LDK Ventures after Amazon leased the entire class-A building back in May.

The tenant, Weber-Stephen Products LLC, will continue its US-based product manufacturing strategy at the 622,000-square-foot, Chicago manufacturing facility.