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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 CMBS loan on 146 properties owned by Workspace comes due in July.
Seventy-five percent of South Florida owners see a stable market ahead.
The 40,792 square foot industrial building traded for a record price, according to JLL.
With the Fed widely expected to pause it interest rate hikes, valuations may stabilize.
Flexport's CEO built Amazon's network and now aims to compete with the e-commerce giant.
More than 15 million people live within a half-mile of a warehouse.
As long as the Fed's moves push the short end of the yield curve down, that will keep happening.
Demand is expected to cool but rents remain a bright spot for the category.
"The industry may have underestimated the strength of neighborhood retail."
Singapore-based firm acquires newly built 740K SF campus in Corona.