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.
Last-mile industrial is bringing new life to outmoded facilities that are well located, and rent spreads between classes are expected to continue tightening as more last-mile users target these spaces, C&W's Jeff Chiate tells GlobeSt.com.
The self-storage market is growing in areas 50 minutes outside of a city where pricing is cheaper and tenants still have access to their goods through on-demand service.
Carr Properties has completed a $300 million convertible debt investment with Israeli insurer Clal while Almanac Realty has committed up to $400 million to Merritt Properties.
Online sales, increased tenant demand and small businesses' resurgence under the new administration are the driving forces behind institutional investors' newfound appetite for this product type, BKM's Brett Turner tells GlobeSt.com.
Following a summer slowdown, industrial tenants leased 13.9 million square feet during the final three months of the year, representing a 52.8 percent jump quarter-over-quarter.
“Property pricing as a whole ended the year where it started it, but performance in 2017 really depended on the type of property,” says Peter Rothemund with Green Street Advisors.