Prologis anticipates raising $800 million to $1.2 billion from selling properties in 2024 as interest rates and property valuations begin to stabilize in coming months, encouraging buyers and sellers to make more deals.
prologis Archives - Page 3 of 12 - Miami Airport Warehouses
- 12
Jul - 0
- By:ADMIN
Investment Giant Sells Miami-Dade Warehouse For $51M As Part Of Portfolio Deal
Blackstone sold the Medley warehouse to Prologis for as part of a larger portfolio deal. Built on an 8.8-acre site in 2013, this is the first time the Pan American North Business Park has sold.
- 24
May - 0
- By:ADMIN
Prologis Anticipates Industrial Rents Will Increase 10% This Year
Some markets are also expected to experience more interim vacancies due to an abundance of speculative space under construction.
- 26
Apr - 0
- By:ADMIN
Prologis Raises Outlook Amid ‘Healthy’ Industrial Property Demand, Rising Warehouse Rents
The San Francisco-based REIT reported 98% occupancy in its massive global portfolio in the first three months of the year — a slight increase from the same time in 2022 — as e-commerce spending picked up and helped drive leasing of warehouses.
- 28
Mar - 0
- By:ADMIN
Slowdown In Warehouse Construction Will Keep Rents On The Rise
The temporary downturn will slow the rise in warehouse rates, but won’t send them into decline, as has happened in transport modes, according to analysts. They project the vacancy rate to creep up to 6% by the end of 2024, still tight by historical standards, and it should keep pushing pricing higher. CLICK ON THE HEADLINE FOR MORE