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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.
REIT announces 7 new deals totaling $661 million focused on assets with tenants paying below-market rents.
Presented by Thought Leadership
This year, the self-storage sector has continued to impress after record growth in 2021.
The firm has sold a multi-tenant flex industrial park in Tampa, FL, representing the final property in the Avistone Industrial Property Fund II LLC.
The Prologis earnings call offers some insight into the market.
"If you strip out the cost of energy and food, the picture is a bit more promising."
The firm procured the loan to finance a 23-building, fully-leased industrial portfolio located in the Mid-Atlantic region.
CBRE is marketing three fully leased portfolios, including 8 Bay Area assets totaling 943K SF.
San Diego, Detroit and San Antonio, as well as Atlantic ports, are seen as attractive.
Construction materials prices in June were up 20% from a year ago.
Reshoring continues to outpace FDI in jobs creation, but we don't have enough workers to fill these jobs.