Industrial

The three-part disposition of the South Florida Distribution Center included the $40.4 million sale of a second building.

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.

However, owners like CapRock Partners are expecting rent relief and rent deferral requests.

While questions remain about the construction supply chain, American companies may want to increase warehouse space.

The property features 41,000 square feet of self-storage and 67,000 square feet of industrial/warehouse space.

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.

The Chicago-based firm has acquired two life science properties in the Sorrento Mesa neighborhood.

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.