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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.
Caution and uncertainty are the popular themes.
Estimates have been slipping back, depending on whom you ask, to later this year or maybe next.
Multifamily and industrial sectors are most preferred by investors and lenders.
New sortation centers team with Shipt, aim to deliver 50M packages in 2023.
When the project is complete, there will be ten industrial distribution buildings totaling approximately 2.2 million square feet.
MSCI's RCA CPPI National All-Property index lost 2.7% since December.
The deal is expected to close this summer.
Ottawa-based e-commerce platform expands logistics reach.
There are some challenges: the vacancy rate may rise by between 120 to 150 basis points.
Out of warehouse spaces, shippers are turning to more drastic solutions.