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.
The transaction involves not only the building but the entire 72.5-acre site that includes a 12.3-acre container storage area, as well as a future development site covering 24.2-acres.
Unless a major geopolitical situation arises, it's hard to fathom demand becoming short-circuited for industrial space in Texas, says Robert Kramp in the second of a two-part <b>EXCLUSIVE</b>.
In this <b>EXCLUSIVE</b>, CBRE's Kramp observes that more than 71 million square feet of industrial was delivered to market in DFW since 2015 and another 71 million square feet was delivered in two years.
Single-user investment sales in 2017 totaled $13.2 billion on 1,158 properties with a total of 171.4 million square feet, a 45.4% increase from the previous year, according to Avison Young.
A 10-million-square-foot rail-served industrial property, SW International Gateway Business Park, is soon to be underway, serving six ports within 250 miles, including Houston, Corpus Christi and Galveston.