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.
Third-party logistics operators and facility owners are benefiting from a rapidly rising rate of product returns as many retailers outsource their reverse-logistics operations to cut costs and gain maximum efficiencies, CBRE reports.
"When you look at potential disruptions, you don't even need to go to the future," TCW's Iman Brivanlou tells GlobeSt.com. "You can look at what's already happened."
In return for the incentives, CleanTex will expand its Irvington plant and modernize its Trenton facility, adding jobs and keeping others that would have moved out of state.
“Universally, there is a serious lack of new product in the market,” says NAI James E. Hanson's Kenneth D. Lundberg. Listen to our exclusive audio interview with Lundberg about industrial sites in Northern Bergen County.
A possible softening in both multifamily and office sectors has gotten more investors and lenders interested in the higher yields possible with industrial properties.
Buying self-storage properties with a significant in-place income and a poor implementation of management strategy is by far the most favorable on a risk-adjusted basis, according to Hunter Thompson of Cash Flow Connections.
As the year winds to a close, it ends with significant activity in Silicon Valley and GlobeSt.com has learned of several significant recent transactions that are contributing to the ongoing stimulus underway there.