Industrial

Cargo volumes have broken records every month this year, but fell 4.4% in July as a result of shipping alliances.

CapRock buys 26 acres for industrial development in Sorrento Mesa as the industrial investment market begins to heat up.

Driven by the expansion of e-commerce and the growing popularity of specialized food delivery, an extraordinary demand exists nationwide for new freezer and cooler space.

The team, led by real estate veterans and executive managing directors Sergio Pérez, SIOR and Samuel Campos, includes 18 producers, six of whom are senior experts, NKF reports.

The 108,500-square-foot building on 4.67 acres is currently 89% occupied by a single tenant on a short-term lease at a below-market rental rate.

McCormick, a long-time industrial real estate specialist based out of Irvine, CA, most recently served as SVP – national accounts for real estate development and investment firm Rockefeller Group International.

Design firm Ware Malcomb has designed a multi-story industrial prototype in response to increasing inquires from developers.

“The storage industry generates a reported $38 billion in annual revenue, and within this sector, Clutter is carving a distinctive niche from a service perspective,” says Cushman & Wakefield's Andrew Stypa.