Despite the ongoing normalization of demand and the shrinking industrial construction pipeline, the valuation of industrial space continues to increase. According to CommercialEdge’s industrial report for June (as of May 2024), the national average sales…
The national industrial report published by CommercialEdge in May 2024 shows a market that’s currently adjusting to an economic environment shaped by factors such as higher interest rates, labor costs and other expenses. Concurrently, the record…
Key Takeaways: With 7.8 million square feet under construction, Phoenix West leads the nation with the largest industrial construction pipeline among the top 100 largest submarkets. Nine Southern submarkets secured spots within the top 20…
With record levels of new industrial space supply, vacancy rates are on the rise. However, the latest industrial report from CommercialEdge reveals that sales prices are up due to one significant deal, while rent growth…
New York investment firm Clarion Partners has acquired the newly built TIA Logistics Center — a 245,000-square-foot, Class A industrial warehouse near Tampa International Airport — for $49 million (roughly $200 per square foot). Located…
Despite a downturn in industrial sales volume attributed to higher interest rates, tightened capital markets and a shift toward normalizing demand, the industrial property market hasn’t seen any significant discounts. Even with sales figures experiencing…
Early 2024 continues the trend of a slowdown in industrial space construction with only 20 million square feet initiated in the first two months of the year. Notably, this decline also follows a drop of…
Working remotely from the comfort of home undoubtedly has its conveniences, but the true perk lies in the freedom to discover new and invigorating workspaces. Enter Austin, Texas – a city celebrated for its vibrancy…
In the vibrant landscape of Dallas, remote work — beyond the confines of home — has become increasingly popular among professionals. And, with nearly 80 coworking spaces and an assortment of laptop-friendly cafes, chic meeting…
Key Statistics: 865,000 square feet: Size of the largest property set for a 2024 delivery — phase two of Oyster Point in San Francisco 10.9 million square feet: Current size of Boston’s life sciences pipeline,…
