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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 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.
Thor Equities pays $85M for 158K SF facility leased to Anheuser-Busch that traded for $36M in January.
In general, real estate has delivered positive returns through most recessions.
KKR buys 281K SF warehouse for $136M, United Legwear inks 1.7M SF pre-lease for future delivery.