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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.
Buyers have been holding back because of uncertainty and a belief that properties are still overpriced.
But the potential distress is almost three times as the current distress.
The new company is reserving capacity for the first quarter of 2025.
The sector is currently outperforming both the S&P 500 and Russell 2000 according to BTIG.
Vacancy rate dropped while net absorption and average asking rents rose.
The 900,000-square-foot mega-warehouse will combine skilled workers with AI-driven machine learning programs and automated order-picking systems.
The Counselors of Real Estate surveyed its members weeks ago about 2024.
However, there has been some good news here and there according to CoStar.
Large retailers don't check trucks before they're unloaded, expert says.
Volume drops 36% in Q3 after H1 Surge, 2M SF of sublease available.