Industrial

JAKO leased the property to accommodate expansion. Since opening its first location in Philadelphia, the firm has expanded to more than 50 locations on the east coast.

The Southern California region was the top market for foreign investment last year, accounting 6.3% of total foreign investment in the US.

“This infill market's high barriers to entry and tight supply dynamics combined with the property's connectivity to downtown and the broader region make it highly desirable for regional tenants," says Brodie Ruland of ASB.

Ecommerce continues to drive leasing activity in Phoenix, but 2019 may not top the record volumes in 2018.

One of Procida's earliest investors was Abdul Qayum, the grandfather of Omar Khan, left, who has just joined the Procida firm. The two are holding Qayum's original brochure, which Procida still keeps in his office.

Industrial properties show continued strong demand as the 1.4 million square feet of space in the portfolio is 100% leased.

The move comes after Norges decided to scale back its real estate push and focus more on buying stakes in listed real estate companies.

Several factors contribute to the positive fundamentals and attraction to Plantation; most notably, the increased density being provided for by city planners.