Industrial

The coronavirus pandemic has increased demand for industrial space across the nation, potentially spurring a supply shortage in Southern California.

With almost 100% of its distribution network serving purely online fulfillment orders, Amazon is best positioned to serve surging e-commerce demand as it directs more control over the order fulfillment process.

The joint venture plans a 312,000-square foot speculative cold storage facility and betting on demand from tenants in the perishable food industry.

While COVID-19's economic impact makes it nearly a given that higher default rates will occur, the economic outlook is a bit rosier than earlier expectations.

Stonelake Capital Partners purchased the 41-acre site from a joint venture between Transwestern and UBS, which is more of a testament to both development quality and tenant creditworthiness.

The 339,000-square-foot industrial portfolio comprises three, fully-leased assets located within the Baltimore-Washington corridor.

While other asset classes are seeing more significant changes in pricing, industrial has remained stable over the last three months.

Long before the Biden announcement, the need for domestic manufacturing was obvious.