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.
Investors ranked Houston as a top five target for investment among US metros, whereby 88% of investors plan to either maintain or increase spending in 2018—up from 83% in 2017.
The continued use of e-commerce with a particular demand for cold storage due to grocery and meal deliveries led Crow Holdings to purchase a 700,644-square-foot freezer warehouse and distribution facility.
“Internet shopping, the deepening of the Panama Canal and the raising of the Bayonne Bridge have created the need for more warehouses and logistics facilities,” says AESI's president, Mike Novak.
In 2017, the county's commercial real estate values increased at a faster rate than residential values, with Beverly Hills and El Segundo leading the market.