Based on data from Transwestern's latest national industrial report, the top 25 industrial markets experienced nearly 200 million sq. ft. of net absorption in the past 12 months.
In a Q&A with NREI, CPPIB's managing director for Americas real estate investments, discusses the pension plan's newly formed joint venture to invest in U.S. industrial assets.
According to Blaine Kelley, senior vice president of the global supply chain practice with CBRE, tenants will trade off all other physical features for proximity to customers, labor and suppliers.
This spring, Duke Realty bumped up its forecast for development starts in 2018 from a range of $500 million to $700 million to a range of $650 million to $850 million.
According to Rene Circ, director with research firm CoStar Portfolio Strategy, now may be a good time to sell industrial portfolios since large institutional players entering the sector are, in essence, willing to pay double premiums on such deals.