Industrial

GlobeSt.com and Real Estate Forum are pleased to announce the top 2019 Woman of Influence professionals of the year in the category of consultant and advisor.

“From Polk County to Pinellas County, more people than ever are looking to build in Tampa, as evidenced by the tremendous amount of spec development going on today,” says JLL's John Dunphy.

The logistics center has site plan approval for up to four buildings between 150,000 square feet and 477,000 square feet, or a single 1.1-million-square-foot site.

The years-long tight market has hurt commercial real estate asset classes, with higher vacancy rents, lower asking rates and greater concessions, according to a report last year from JLL.

The authority states that new name more accurately reflects the park's life sciences focus and the spectrum of companies located there.

Construction-to-permanent financing of $93 million was recently secured for One De Haro, a four-story 60-foot tall building with two-thirds office and one-third light industrial uses totaling 133,427 square feet.

A total of 28 new lease deals 500,000 square feet or larger have been negotiated since 2016 in Chicago's industrial market. While 28 deals definitely show a strong market, half of those transactions occurred in 2016.

Real Estate Forum is searching for young professionals who have made a noticeable impact on the industry. The application deadline for nominations is fast approaching at July 17, 2019.