Industrial

Dense urban markets where land zoned for industrial is in short supply and property values are at a premium are candidates for vertical warehouse construction, industrial brokers say.

The Canadian investment firm has interviewed banks to advise it on a sale of the company, which could fetch $5 billion.

Real estate investors, including private equity giant Blackstone Group LP, are making big bets that industrial properties will keep gaining as retailers focus on their online operations.

The EU said it would take immediate steps to retaliate, while Mexico vowed to impose duties on everything from U.S. flat steel to cheese.

India and Vietnam might become the winners in the current trade negotiations, shifting growth in imports to the East Coast ports.

“Investors look at the fundamentals and can get comfortable with the high prices due to rent growth potential,” says Jack Fraker, vice chairman and managing director of CBRE’s global industrial and logistics practice.

Turns out the 2015 deal turned a tidy profit for the warehouse landlord.

Spencer Levy cautions that industrial and multifamily will confront short-term supply headwinds, and stresses that retail has been unfairly pummeled.

Many commercial lenders in 2018 have carved out new policies for pricing discounts on quality industrial properties in core markets.