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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.
The vacancy rate rose for a second consecutive quarter to 3.6%.
Ultimately, consumers may find fewer choices at their grocery store.
Expect the climb to persist if there is a continued crunch on corporate earnings.
It sees too many financial headwinds for the sector to continue its strong performance.
Meanwhile the national vacancy rate has decreased 10 basis points.
Elevated interest rates and overall costs are expected to curb most development.
REIT adds $375M in off-market deals, $762M YTD.
It's planning for roles that require less physical labor and have a higher rate of pay.
The portfolio is fully leased to seven tenants.
Southern states have landed some of the more significant recent EV investments.