Demand for specialized industrial space is outpacing supply by a wide margin. Asking rents increased and net absorption hit never-before-seen levels at the end of 2021. CLICK ON THE HEADLINE FOR MORE
The industrial market grappled with historic vacancies in the third quarter, with the metric hitting 4.6%. Meanwhile, the office market continued to slump, and older, less amenity-rich product suffered most. That divergence is increasingly driving investors and developers to consider industrial redevelopment opportunities for some unproductive office properties. CLICK ON THE HEADLINE FOR MORE
The online shopping holiday comes amid a warehouse shortage across the U.S. as distribution center vacancy rates are at all-time lows. To keep up with the demand driven by retailers beefing up e-commerce operations, an additional one billion square feet of new industrial space will be needed by 2025. CLICK ON THE HEADLINE FOR MORE
The industrial market’s high performance in the third quarter is driving up sale prices, as institutional investors look to outmaneuver competitors for land and buildings. CLICK ON THE HEADLINE FOR MORE
Demand for warehouse space is being driven by a shift in consumer behavior from buying in stores to online that is resulting in some extremely hot markets. CLICK ON THE HEADLINE FOR MORE
Expert Advice For All Your Commercial And Industrial Property Needs In South Florida