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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.
But the question is that will lead to better price discovery or arm-twisting by investors looking for deals.
E-commerce driving need for this niche asset class that represents less than 1% of US industrial facilities.
Atlas Holdings initiative already has scooped up 23 assets for $300M
But the new inflation numbers could mean no interest rate cut until after the first quarter.
Meanwhile rents will continue to climb.
Industrial and office categories dropped the most.
Vacancy rate tops 5%, net absorption positive as pre-leased facilities are delivered.
Industry boosts jobs, infrastructure, capital investment in those areas.
The 25-building portfolio was the largest industrial deal in the state last year.
While the REIT still has appetite for infill, it spent 40% less than its $2.4B binge in 2022.