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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 'shovel-ready" lots range from 12 acres for industrial users.
Boston, Philadelphia, Savannah, and Charleston benefit from West Coast union snags.
Market shift begins after freight volumes drop 43% at Los Angeles ports.
The average asking price for multifamily properties dropped a significant 24.9%.
Partnership acquires seven properties encompassing 851K SF.
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.