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 property is fully occupied by marketing firm ICS Corp. The industrial/warehouse and distribution facility serves as the corporate headquarters of ICS Corp.
While some buyers are delaying or canceling escrows, Jon Rosenberg of Levrose Commercial Real Estate, says that post-pandemic discounts may be less than you think.
Also, on Monday, California Gov. Gavin Newsom, Oregon Gov. Kate Brown and Washington Gov. Jay Inslee announced an agreement on a shared vision for reopening their economies and controlling COVID-19 into the future.
After Harvey, Houston built a strong foundation with economic engines centered around energy and medicine, post-secondary education and an affordable cost of living, says Rand Stephens of Avison Young.
CRE firms are sending rent proceeds to healthcare workers on the front lines, donating space for medical facilities and storing supplies, and encouraging donations to local neighborhoods in need.