Industrial

The market may be approaching its low point, though sales data lags.

The Philadelphia-area industrial portfolio traded for $194.5 million with an 80% IRR.

So far this year, key industrial fundamentals have remained healthy.

From the major ports' labor dispute to Silicon Valley's continued innovation, the industrial sector is experiencing significant ups and downs along the West Coast.

"I've never seen so many borrowers handing over the keys," another panelist said.

New York Life pays $84M to buy asset TA Realty paid $30M for 2019.

Matthews Real Estate Investment Services is using auction platforms as a disposition strategy to help clients meet pricing goals.

It could also help thaw the industrial private transactions market, Green Street says.