The pace of temperature-controlled industrial warehouse acquisitions, expansions and new facilities will accelerate in 2022 as the demand for freezer space at cold storage may soon exceed their capacity. CLICK ON THE HEADLINE FOR MORE
Ken Silberling of Levy Realty Advisors doubled down by not only selling the property located in Sunshine State Industrial Park in Miami Gardens but also negotiating a long-term lease. CLICK ON THE HEADLINE FOR MORE
Deliveries of speculative construction industrial warehouses larger than 100,000 square feet dropped significantly in 2021, according to a recent report from Newmark. Around 80 of these warehouses were delivered across 23 major markets in 2021 — down from about 110 in 2020. CLICK ON THE HEADLINE FOR MORE
The application for the West Atlantic Industrial project within the Agricultural Reserve would address the lack of industrial development in the largely residential area. It comes at a time when industrial vacancy rates in Palm Beach County are near record lows and rents are on the rise. CLICK ON THE HEADLINE FOR MORE
The supply chain is in dire straits at this time and has been for a while. Despite the issues, the usage of industrial real estate will remain positive as it is a high-demand and required sector. Still, landlords should ask pointed questions as to the effect disruption is having on new and current tenants. CLICK ON THE HEADLINE FOR MORE
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