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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.
There is a shortage of available manufacturing space and not enough power availability or labor supply.
The REIT calls it the supply chain productivity paradox.
The logistics giant is looking for 'insights into design, constructability, and costs in early-stage site planning.'
It's a result of supply chain afterthoughts after the pandemic's height and geopolitical forces.
Markets with the lowest vacancy rates were all seaports.
Both vacancy rates and rent growth are moving higher for industrial, logistics sectors.
Ten-X CEO tells GlobeSt. "flex" has increased to 11% in the third quarter.
But year-to-date transaction volumes are in keeping with longer-term averages.
Debt package from PGIM covers eight buildings in three markets.
Light industrial package includes 10 assets acquired for $146M.