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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.
However, the pace of growth for commercial real estate will be slower in 2024 than it was in 2023.
Oxford Properties Group provided the financing, which JLL arranged.
But retail had a solid November.
Colliers said demand for industrial during the past 36 months "may never be repeated in our lifetimes."
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Stabilizing capital markets and balancing buyer-seller expectations will help shape global real estate performance, according to Colliers report.
Despite slowing, it should remain the strongest asset class for rent growth.
Building to meet current and future need will mean users of warehouse space will have to 'pay the freight' to be in the places they want.
A combination of CRE refinancing potential and a 2016 change in accounting rules could deeply wound banks during a recession.
Marcus & Millichap examines CRE asset classes' early 2023 predictions.
A 141K SF building from 1976 will make way for a 312K SF distribution center.