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.
warehouse demand Archives - Page 4 of 7 - Miami Airport Warehouses
- 27
Feb - 0
- By:ADMIN
Global Logistics Company To Occupy Industrial Building Within Miami Midway Park
A logistics company with warehouse and distribution centers across the globe has closed on a leasing deal for an industrial building in Hialeah that has not yet been built. Erie, Pennsylvania-based Logistics Plus will occupy an entire 181,051-square-foot warehouse at 9535 N.W. 174th St. within Miami Midway Park. The 42-acre industrial project is now being
- 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
- 12
Oct - 0
- By:ADMIN
Industrial Landlords, Tenants ‘Jousting’ Over Asking Rents vs. Taking Rents
Accelerated rent growth nationwide in the industrial real estate sector might not be so much tied to inflation, but rather vacancy rates, according to a new report from Cushman & Wakefield.