Industrial

As some peak asking rates top $14.00 per square foot, average asking lease rates in New Jersey show no signs of slowing down.

T5@Dallas III is a purpose-built data center that is tenant ready and offers the same construction as the balance of the T5@Dallas campus located in Plano's Legacy Business Park, including a dedicated support team.

“The US construction industry has moved into a mature stage of expansion,” Robert Murray, Dodge Data's chief economist, said at the firm's annual executive conference Thursday. Multifamily starts are expected to decelerate next year.

The new location satisfies F&S Produce's manufacturing needs and cuts six months from the company's original expansion plan of building another facility in Cumberland County, NJ, to increase its production capacity.

Bill Ginder with Caldwell Cos. has been named SIOR Foundation's 2017/2018 president, and discusses his plans and goals for the position in this <b>EXCLUSIVE</b>.

The transaction represents the largest portfolio of industrial real estate that has traded in Northeastern Pennsylvania in several years, according to Gerard J. Blinebury, executive director with Cushman & Wakefield's Industrial Advisory Group

With the once-dreaded wave of CMBS maturities nearly done with, “decreases in the overall reading should continue for the next few months,” says Manus Clancy at Trepp.

A roundup of recent deals, leases, executive moves, and other news from the past week.