Industrial

As of the third quarter 2017, 52% of the speculative space delivered since 2013 had been leased, according to Colliers, and this figure increased to 62% by the end of June 2018.

Prices and rents keep rising, and developers plan to soon launch several large spec buildings.

“Mainfreight's decision to take industrial space at 50 Cable Drive is a testament to northern New Jersey's extensive transportation network, population density and educated workforce,” says CBRE's William Waxman.

Governments and civic owners are increasingly leveraging technology to address critical infrastructure needs but construction is slow to adopt, says Bill Smith of PlanGrid in this <b>EXCLUSIVE</b>.

A joint venture between Atapco Properties and Chesapeake Real Estate Group acquired the 52-acre parcel from Paragon Outlets Baltimore.

Longer term, the company is reportedly exploring a REIT conversion.

In the second of a two-part <b>EXCLUSIVE</b>, John Allen and Vaneeta Chintamaneni of Allen Matkins discuss how amendments modify the safe harbor content and delivery methods for all Prop 65 warnings.

At CBRE, new EVP Doug Main (pictured left) will lead the national practice of waste management, environmental, mines, alternative energy, and complex matters for VAS.