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.
The 48-year-old Park Forest office campus is in a dense infill area of Dallas which has been gentrifying with millennials, resulting in demand greater than the number of self-storage units that can be built.
Projects like Dyer Road and Beckman Business Center are rare, but they are good examples of investors finding creative ways to redevelop or renovate older and functionally obsolete buildings, JLL's Nick Carey tells GlobeSt.com.
Since 2010, when just 1.9% of the sector's deal volume came from overseas, “investor perceptions of industrial assets have changed considerably,” says CBRE's Jack Fraker.
Breakout industrial markets, like Eastern Pennsylvania, are following L.A.'s lead with strong demand and rent growth, GlobeSt.com reports in this EXCLUSIVE story.