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.
vacancy rates Archives - Page 4 of 9 - Miami Airport Warehouses
- 15
Feb - 0
- By:ADMIN
Rising Rents Push Industrial Tenants And Development To More Remote Areas
The global COVID-19 pandemic thrust industrial real estate into the spotlight as more people shopped from home, creating a seemingly insatiable demand for warehouse and logistics space to store and move the goods they ordered. As a result, rent for industrial properties increased 6.3% in 2022 to $7.03 per square foot, and the market set
- 23
Jan - 0
- By:ADMIN
Tight Industrial Supply Turns Subleases Profitable
Some dynamics of logistical and industrial space leasing are feeling pressures of inadequate supply, according to a panel of NAI Global industrial and logistics real estate experts meeting virtually. Although demand pacing ahead of supply had become expected by partway through the pandemic — industrial with multifamily being the two darling property types for owners
- 16
Sep - 0
- By:ADMIN
The Boom Times in Industrial Real Estate Are Far From Over
Industrial real estate has been the standout sector in real estate for close to a decade, and the pandemic only further entrenched its position. While other sectors of the economy ground to a virtual halt, consumers’ accelerated shift toward e-commerce made industrial one of the few assets to benefit from lockdowns and social distancing.
- 17
Mar - 0
- By:ADMIN
Industrial Developers Shouldn’t Delay Construction As Demand Rages
Industrial developers would be wise to plan ahead—and carefully—as materials constraints continue to plague the building process and elongate delivery timelines. But what is the one thing they shouldn’t do? Delay construction.