Industrial

Demand from large cloud users resulted in more data center leasing activity in Northern Virginia in the first half of 2018 than the rest of the primary data center markets combined, according to CBRE's latest U.S. Data Center Trends report.

The new logistics facility will provide a large block of modern, ready-to-move-into space in a high-demand market.

IOV remains in acquisition mode, seeking to acquire $100 million in assets over the next 12 to 24 months—with a five-year plan to amass more than $500 million in product type.

Port emissions are falling even as cargo volumes are rising steadily, and the port is outpacing its 2023 clean air goals.

In the second quarter, for example, the average industrial deal size was 32,970 square feet, up from 23,435 square feet in the first.

The three distribution/logistics centers will measure 248,625 square feet, 247,380 square feet, and 245,616 square feet.

At 4% on average, industrial assets have the lowest cap rates in Southern California, followed by multifamily.

Demand for cloud services, social media and other needs has sparked a building boom