Industrial / Page 19

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 […]

Phoenix continues to be one of the best-performing markets for job and post-COVID-19 recovery. The Valley reported fewer job losses than any other metro in the U.S. and has already regained the majority of jobs lost within the first half of the year. As of July 2021, Phoenix has recovered 78 percent of its jobs […]

Phoenix remains one of the best-performing markets in terms of job growth. The metro experienced fewer COVID-19 job losses than other large U.S. metros, and with remote working widely adopted, many employees moved to Phoenix in search of affordability. According to CoStar, more than 200 people move to Phoenix daily, seeking a lower cost of […]

Part of the original 13 colonies, the city once served as a terminal stop of a major state-sponsored railroad but eventually saw rapid growth after multiple railroads used the terminus as a convergence point. Today, the Hartsfield-Jackson Atlanta International Airport is the busiest in the world by passenger traffic alone since 1998.   According to […]