{"id":1004753316,"date":"2025-04-02T15:26:45","date_gmt":"2025-04-02T23:26:45","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004753316"},"modified":"2025-04-03T09:38:24","modified_gmt":"2025-04-03T17:38:24","slug":"cre-investment-in-the-industrial-age","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cre-investment-in-the-industrial-age\/","title":{"rendered":"CRE Investment in the Industrial Age"},"content":{"rendered":"
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\"Suzann
Suzann D. Silverman, Editorial Director<\/figcaption><\/figure><\/div>\n\n\n

Industrial performance may have cooled from its pandemic rush, but it\u2019s still the CRE darling. And for good reason. Rents have continued to rise even as the national vacancy rate has doubled during the past two years, according to the most recent monthly industrial report from CommercialEdge<\/a>. And at 8.2 percent in February, the vacancy rate is still relatively low, with stabilization of new development likely to help keep it there.<\/p>\n\n\n\n

That\u2019s attracting investors like Walker & Dunlop Investment Partners, whose most recent fund has strongly favored industrial purchases over its other focus of multifamily as it seeks out value-add and opportunistic investments that will deliver positive, accretive cash flow after debt service, managing director & equity portfolio manager Brian Cornell said during a recent media roundtable. Seventy percent of its closed deals in the past year and a half have been in the industrial space, with a focus on midsize transactions.<\/p>\n\n\n\n

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READ THE MAGAZINE<\/strong><\/a><\/div>\n<\/div>\n\n\n\n
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Certainly, U.S. industrial investment has been growing, however slowly. It increased 27.8 percent in the fourth quarter, according to CBRE figures reported by Joe Gose in our finance article \u201cCRE Lenders Banking on Deal Momentum<\/a>.\u201d<\/p>\n\n\n\n

And WDIP isn\u2019t the only investor interested in smaller properties. In Brooklyn, N.Y., warehouses priced below $10 million are attracting twice the buyer interest of larger deals, Bobby Lawrence, an associate vice president with Matthews Real Estate Investment Services, told writer Jeffrey Steele for this month\u2019s feature article, \u201cIndustrial\u2019s New Groove: Gradual Growth and Tariff Talks<\/a>.\u201d<\/p>\n\n\n\n

Private buyers have been the biggest contenders for industrial property lately, as institutional investors have remained less active. Owner-occupiers have shown particular interest, especially in sub-15,000-square-foot space, according to Chris Nelson, first vice president & senior director of industrial at Matthews. And occupier purchases of properties totaling at least 10,000 square feet rose by 32 percent last year, CBRE reported, to 2,504 properties.<\/p>\n\n\n\n

Overall, though, a bid-ask spread that is still the highest since March 2022 continues to deter both commercial and multifamily owners from selling, Cornell noted during the roundtable. \u201cAccording to our internal surveys, 70 percent of active sellers today are have-to-sell sellers and 30 percent are able-to-sell sellers,\u201d he said. \u201cWhich means most of the groups selling today are doing so because they need to.\u201d<\/p>\n\n\n\n

But he is not the only one to anticipate greater sales volume later this year, as prices begin to settle and some owners come to terms with market limitations. \u201cRecently, several (family office and other investors) have told me that they\u2019re under contract for their first deal in two years,\u201d Dillon Freeman, senior commercial loan officer at Fidelity Bancorp Funding, told Gose. If the year brings reduced volatility, more transactions could be in store.<\/p>\n\n\n\n

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Read the April 2025 issue of CPE.<\/a><\/em><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Industrial real estate performance may have cooled from its pandemic rush, but it\u2019s still an investor favorite. These days, it\u2019s smaller properties and non-institutional investors. <\/p>\n","protected":false},"author":755,"featured_media":1004180489,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21780,1521,21788,21748,21783,21746],"tags":[32789,35596,44213],"class_list":["post-1004753316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-specialties","category-digital","category-editors-notes","category-industrial","category-investment","category-property-types","tag-cbre","tag-matthews-real-estate-investment-services","tag-walker-dunlop"],"acf":[],"yoast_head":"\nCRE Investment in the Industrial Age - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cre-investment-in-the-industrial-age\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CRE Investment in the Industrial Age\" \/>\n<meta property=\"og:description\" content=\"Industrial real estate performance may have cooled from its pandemic rush, but it\u2019s still an investor favorite. 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