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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.
Industrial will mean more than warehouse and logistics.
Reshoring is expected to be 'another contributor' to industrial demand, especialry in lower cost areas in the Southeast and Midwest.
Demand is so high, tenants will "pay anything to get what they want."
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A PPA can help building owners save on power costs and fund other building improvements, if they know all the facts.
Development will sit on 74 acres in Sayreville and include three Class A facilities
$124M to finance 1,170,994 square-foot single-tenant cold storage facility
Partners will focus on large build-to-suit facilities in food, transportation centers.
Landlords and occupiers are adjusting their strategies as they get used to demand outpacing supply.
Done carefully, "it can compete with low-cost countries such as China."
Portfolio totaled over 7 million square feet, each property net leased to nationally recognized tenants.