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.
The sale of distribution warehouses accounted for a third of the second quarter deal volume among industrial properties, according to Real Capital Analytics.
Contributing to the pessimism could be the increase in number of reported coronavirus cases in the country, delays in development and obtaining permits, delays in financing, and supply shortages
Dermody says advanced manufacturing buildings in Fremont such as 44370 Christy St. provide manufacturing companies in the Silicon Valley with functional and affordable buildings as tech continues to grow.
The Allen Matkins-UCLA Anderson survey shows office demand decreasing due to work-from-home policies, industrial only moderately decreasing due to online shopping, retail continuing its downward spiral and multifamily only moderately decreasing.
Amazon.com has committed to 11 million square feet in 10 buildings. Inking 7.2 million square feet in new leases, and accounting for 51 percent of the total new leasing volume for the quarter.