Industrial

The latest deals, projects, and personnel moves in the Midwest.

“The construction supply industry is booming, and our client's business is growing exponentially,” says Cushman & Wakefield's Jason Barton, who also recently assisted HD Supply in a lease renewal in North Bergen, NJ.

Liberty Property Trust has acquired four properties in Southern California in the last quarter, the latest a $92 million industrial facility in Commerce.

NAI Partners recently shared market highlights and trends across all property types, and pointed to the firm's recently released sublease index as a significant indicator of the health of the marketplace.

The Midwest industrial sector has significantly outperformed growth expectations

Walter Byrd, Transwestern senior managing director, tells GlobeSt.com what he sees in this exclusive interview.

“This was an opportunity to acquire a fully leased building in a very tight, Exit 8A submarket that has seen significant rental rate growth in the last 24-36 months,” says Evan Lippow, vice president of investments at CenterPoint.

“Commercial property values have, for the most part, been steady, but performance depends on the type of property,” says Green Street Advisors' Peter Rothemund.