Industrial / Page 18

  Thanks to the surging national demand for logistics and manufacturing facilities, Birmingham has a strong industrial market. Vacancies are still at historic lows, around 2.9 percent, allowing landlords to increase pricing. As such, rents have grown 9.5 percent in the last 12 months. Employment has essentially recovered to pre-pandemic levels since September 2021, with […]

  The U.S. industrial market witnessed a stellar year in 2021, recording as one of the best-performing asset classes with property pricing climbing faster than any other sector. Vacancy rates fell at the fastest pace ever (4.3 percent), rent growth reached a record high (7.8 percent), and cap rates pushed into record lows (6.4 percent). […]

Commercial real estate (CRE) has historically lagged behind other industries in adopting technology, particularly the disruptive changes that transform the way business is done. Customer relationship managements (CRMs) and email campaigns have replaced the Rolodexes and flyers of 30 years ago. But digital replacements for physical processes provide relatively minor benefits when compared to the […]

   How has the self-storage industry in a post-lockdown world become one of the most desirable asset classes of commercial real estate? Disruptions in housing, elevated migration, lifestyle changes, and office space shifts caused by the global pandemic created a surge in self-storage demand, with institutional investors, private equity firms, and private buyers all taking […]

  In 2018, core urban markets witnessed retail expansion, especially for experiential retail that targeted younger generations. In 2019, millennials continued to push growth in the urban core, trading square footage for convenience to live near these communities. In 2020, COVID-19 was introduced, disrupting urban markets. Many people reevaluated their housing choices, and high-density residential […]

  1031 Exchanges are a popular tax deferral strategy for real estate investors, wherein a commercial property owner sells one or more of their assets in exchange for one or more like-kind (investment real estate) properties of equal or greater value and defers capital gains taxes. Commercial real estate owners have the opportunity to capture […]

  The need for data centers has steadily increased as the internet grows in ability and accessibility. The year 2020 was a landmark year for the product type, and investor momentum continued into 2021. The global pandemic accelerated the demand for cloud services and streaming media as employees worked from home and residences became the […]

  Atlanta holds the role of a regional and national distribution hub, giving confidence to developers and investors in the market. Leasing volume has surged, and the metro has one of the largest speculative supply pipelines in the country on a nominal basis. Despite the vast construction inventory, vacancies have surprisingly trended downward and are […]

  The Phoenix industrial market had an extraordinary performance in 2020, which has continued into 2021, with several tenants expanding their footprint in the market at an unprecedented pace. With consumers ordering online and growing reliance on shipping, companies are targeting Phoenix for industrial space as the market can reach 35 million customers within a […]