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.
Heavy demand for space in Laredo continues, particularly with those seeking more efficient space, better clear heights, ESFR fire protection, heavy trailer parking, which are included in a new spec build.
The industrial market has been in a tightening mode with space options dwindling even with construction in the pipeline, but buyer Scannell has experience with properties needing capital infusion.
In looking at opportunities to grow capital markets, JLL was clear that any target would need to closely align with its culture and strategic vision, and it is confident the acquisition of HFF meets these criteria.
Its new holdings, along with 100, 200 and 300 Brandywine Parkway, which it already owned, increases its campus to approximately 314,000 square feet in West Chester.