Industrial

According to a report released by commercial brokerage firm Cushman & Wakefield, the statewide industrial vacancy rate hit a record low of 3.3%, while asking rents ended the second quarter at $9.27-per-square-foot), a record-high.

The investor buys a 264,000-square-foot industrial distribution center in Westminster.

Katy Young, managing partner of Ad Astra and the current president of the National Cannabis Bar Association, recently shared insights into leasing retail space for cannabis use in this <b>EXCLUSIVE</b>.

Splitting the big-box warehouse facility into two units generated 15% to 20% higher rents than a single-tenant.

Westport Properties has opened a national training center featuring workstations and an area for hands-on training with customers to help get new team members up to speed more efficiently.

Collision Works is an auto body collision and paint repair owned and operated company headquartered in Oklahoma. According to Matthews Real Estate, Collision Works has achieved its latest five-year goal plan in less than two years.

The investor buys four properties throughout the Southern California region for $25 million.

In what is being called one of the most significant land acquisitions in the history of AllianceTexas, the new property in Alliance Westport will serve as a strategic link between two pieces of critical logistics infrastructure.