Industrial

The market has seen a steady absorption since 2016, meeting the new construction pipeline.

City officials say the legislation is the first for any US city to formally prioritize diverse applicants who are looking to participate in the marijuana industry.

DSC Logistics has already taken occupancy of 250,000 square feet at the building to start processing inbound deliveries and, within the next six months will expand to occupy half of the newly built distribution center once additional interior and site improvements are completed.

In 2020, secondary and tertiary markets are poised to see more cap-rate compression.

Stream will continue to follow its industrial investment recipe in an expanded territory, i.e., taking what has been successful in DFW and expanding/duplicating those efforts into Greater Los Angeles.

The tenant, Velocity Aerospace, is moving into newly constructed space.

The portfolio consists of 19 million square feet and is located across multiple US markets.

Upon their acquisition of the Ballantine Industrial Center, Turnbridge and their investment partners immediately began a capital improvement program of more than $10 million aimed at creating a modern and flexible industrial property.