Industrial

The industry is already a major driver of economic growth nationally and in local markets like San Diego, and things are picking up.

Low vacancy, limited new construction and a surge in ecommerce demand from the pandemic will keep the Southern California industrial market on top.

Under CRES, Brennan aims to facilitate supply chain reconfigurations and monetize real estate holdings.

Max Finkelstein Inc., a wholesale tire distributor, will use new Lehigh Valley facility at I-81/I-78 to serve regional distribution centers throughout the Northeast and Mid-Atlantic United States.

While the pandemic showed weaknesses in the supply chain, it also demonstrates reasons why it may not be the best time to invest in automation.

"There has never been a more important time than now to prudently and actively manage your property's expenses," a Trepp research report said

LogistiCenter at Southport industrial distribution facility demonstrates that replacement cost rents have returned to Sacramento and industrial is poised for growth, says Schaal Realty Advisors principal Tom Schaal.

JLL report says that the Asis-Pacific region among eight in the world showed the largest decline in investment during the first quarter, compared to last year, in correction with the spread of the coronavirus.