Industrial

While CBRE Research found that work on industrial projects in 16 of the top 20 markets was deemed "essential" and ongoing, a string of factors is slowing construction.

APG, Canada Pension Plan Investment Board and ESR Cayman say they hope over time it will double its investment by delivering as much as $2 billion in new development projects.

The property was sold by JG Holt Limited Partnership. JLL represented the seller and procured the buyer. Additionally, working on behalf of the new ownership, JLL facilitated debt financing totaling $13.32 million for the transaction with Harbor One Bank.

The detailed plan released by the governor categorizes the reopening phases as red, yellow and green.

For Sealy, the deal to acquire 20-building portfolio in Memphis was all about location, location … and size.

Prologis' net earnings per diluted share were $0.70 for the quarter compared with $0.55 for the first quarter of 2019, and core funds from operations per diluted share were $0.83 for the quarter compared with $0.73 for the same period in 2019.

The I-Bank's $50-million program provides liquidity for New Jersey municipalities that are having difficulty rolling over bond anticipation notes in the current volatile municipal bond market.

Overall industrial space availability remained constant quarter-over-quarter at 8.5% while overall vacancy decreased 20 basis points to 5.1 percent.