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 Yardi Matrix report found that the government sector, and the financial services and technology industries have seen the fewest layoffs thus far in the pandemic.
The fund is the third from the private equity investor and developer to focus on high-flow through logistics facilities like truck terminals, shipment facilities and transit hubs.
A new report from the REIS team at Moody's Analytics says that the COVID-19 pandemic's impact on the industrial real estate market has yet to surface in the data since leases are locked in and the economic slowdown's impact on trade has thus far been ambiguous.
Westcore's last investment in the Oakland area occurred two years ago with the purchase of an 87,870-square-foot, multi-tenant industrial property less than 10 miles from this property.