Industrial / Page 19

  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 […]

Two industrial properties in Commerce have sold for $17.5 million. The properties are located at 2140 Davie Ave. and 5830 Triangle Drive.   Longpoint Realty Partners purchased the sites in a sale-leaseback transaction, where the seller immediately leases back the property from the new owner. These types of arrangements give the seller a cash infusion […]

  Benefitting from both a national surge in logistics demand and the improved manufacturing climate, Birmingham’s industrial market is strong. Vacancies are tight and hovering around 2.6 percent, giving pricing power to the landlords. Rents have increased at an impressive rate, growing 6.6 percent over the last 12 months. Despite this, developers have been hesitant […]

  Chattanooga is still recovering from the COVID-19 pandemic, posting positive economic growth. The market’s low business costs, able workforce, and easy access to larger logistics markets have attracted manufacturing and logistics companies. The increased industrial demand for distribution space comes from companies looking to serve the local population, smaller manufacturing firms, and Volkswagen. Though […]

There is a transformation occurring within the commercial real estate space as consumers adjust to the “new normal.” Here we explore the trends and numerous opportunities available in the market.   Top Trends in the U.S. 1. Convenience, Accessibility, Speed 2. Digital First Economy 3. Hybrid Workforce 4. Suburbanization 5. Flex Space 6. Just-in-Case Inventory Strategy 7. Affordability 8. Consolidation 9. Rise in Niche […]

The Orange County economy is diverse, with jobs in various concentrated sectors such as medical and tech in Irvine. The trade, transportation, and utility sectors added up to 29,800 jobs for a 13.6 percent increase year-over-year. This increase is no surprise given the record highs experienced at Los Angeles and Long Beach ports due to […]

The East Valley region of the Phoenix metro boasts some of the most robust real estate fundamentals. With Phoenix only a day’s drive to 35 million customers, the market benefits from shifting consumer behavior towards online shopping and ordering. Each submarket in the East Valley possesses between two million to 24 million square feet of […]