Industrial

Houston's industrial market remains one of the healthiest in the country, with a vacancy below 6% for eight years, fueled by strong population growth and increased port activity, propelling increasing developments.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

The new facility will help bolster trade at the Port of New York and New Jersey and create more than 2,700 new jobs, generated by construction and future tenants.

Much of the growth is due to e-commerce, which now accounts for 10% of non-auto retail sales.

A three-property portfolio and a separate distribution facility near the DFW Airport, along with a manufacturing and distribution asset located in South Dallas, recently sold to Western-focused buyers.

This type of development, 27905 Commercial Park Rd., is reflective of the economic boom Tomball is experiencing after the completion of the Grand Parkway.

At the annual Pulse of the Port conference, economist Mario Moreno subsided talk of a potential trade war between China and the US and estimated record trade growth from China in 2018.

In an exclusive TV interview with GlobeSt.com, former NJ Gov. Jim Florio says the state needs to use its resources more judiciously, investing to enhance existing sites, rather than building from scratch.