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.
Two things in particular have risen in importance with today's tenants that they weren't requesting as little as five years ago. Murphy Development's Kaitlin Arduino tells GlobeSt.com what they are and what else you should know about industrial lease negotiations.
“The renovations will modernize the facility, and the renewable energy solar project will reduce the carbon footprint while converting the property into a sustainable facility,” says Sky Management's Alex Dembitzer.
While overall jobs, unemployment and population growth figures in San Antonio remain strong, projected negative absorption and a steady pipeline of new supply paint a bleaker picture, says Ten-X.
Empire State Development also reported on Wednesday that it was providing an additional $18 million in incentives for the project, bringing the state's total commitment to more than $25 million for the venture.
The Brookwood Business Center traded for approximately $40 million, according to public records. Brookwood Financial acquired the former Billerica Business Center in 2010 for $15 million in foreclosure proceedings.
Brokers are more likely than investors to predict that investment sales activity will increase for industrial, according to a Real Capital Markets/SIOR study.