Browse all newsletters here. Here’s How Developers are Responding. Order Reprints... September 8, 2020. The Official Magazine for the National Association of REALTORS®, covering real estate trends, real estate news and data. Here's A Post-Pandemic Shopping List To Get Ready. var myDate = new Date(parseInt(1608219619000)); Plymouth Industrial REIT (NYSE: PLYM), headquartered in Boston, on Tuesday closed on its $94 million acquisition of 2.1 million feet of industrial warehouse space in Akron and Canton, Ohio. Premier Industrial commercial real estate news, analysis, trends and information including warehouse, distribution, logistics, e-commerce, self storage and R&D space deals and players. Your article was successfully shared with the contacts you provided. California Commercial Real Estate News Q3 2020 Los Angeles Ranks as Top Life-Sciences Industry Hub. The latest commercial real estate news and events concerning New Jersey Just hit yes and continue on your way. Jon Ratner }); The industrial market gained steam in the third quarter, with rents rising 2.6% to $7.21 per square foot. Want To Reopen Your Office Building? 10 Must Reads for the CRE Industry Today (Dec. 23, 2020) Dec 22, 2020. Lisa Brown We need you to be ok with our use of information like your general location or reading habits to personalize your experience, so we can suggest the right stories to read or events for you to attend. }); Cold Summit Development recently launched its first project, a 343,000-square-foot multi-tenant cold storage facility, a $60 million project located at 2800 Cedardale Rd. var myDate = new Date(parseInt(1608726466000)); Premier Industrial commercial real estate news, analysis, trends and information including warehouse, distribution, logistics, e-commerce, self storage and R&D space deals and players. This is not a step Search Newport News commercial real estate for sale or lease on CENTURY 21. var pday = moment(myDate).format("MMMM DD, YYYY"); var pday = moment(myDate).format("MMMM DD, YYYY"); var myDate = new Date(parseInt(1608552628000)); }); The portfolio was part of Cabot’s Industrial Core Fund and totaled 8 million square feet of high-quality midsize logistics facilities. }); With this acquisition, BREIT becomes the third largest non-listed owner of storage in the US. New Asda Owners To Raise £1B-Plus From Logistics Sales, Industrial Outdoor Storage Veterans Warn Newcomers Of Potential Pitfalls, Industrial Portfolio In Hot Metro North Market Sells For $55M, Construction On $500M Prince George's County Industrial Project Slated To Begin In Q1, Want A More Robust Supply Chain? | We need you to know that security is our top priority and that we hold any information we have about you under lock and key. News. Get alerted any time new stories match your search criteria. Our news is free and we intend to keep it that way. What is industrial real estate? By financial year 2022, engineering R&D revenues are estimated to register a compound annual growth of around 8% with multinationals driving growth across products and services, … This IDC Infobrief, sponsored by essensys, unveils the evolution and expansion of the flexible office market and how some of the leading global brands are looking at critical components such as customer experience, security and brand. Build More Warehouses, Fast, A Yacht Club, Michael Milken And Tesla: Meet 10 Of The Nation's Swankiest Opportunity Zones. Cornell Tech has launched classes in its “Defending Density: Is This the Death of the City?” course. Les Shaver | Discover how automation solutions could cut your contingency fees by up to 90% and save you thousands. Copyright © 2020 ALM Media Properties, LLC. Bioscience real estate, jobs and wages are going up and benefiting those in the industry in the recent months. var pday = moment(myDate).format("MMMM DD, YYYY"); Choose How You Would Like to Share This Page. Industrial. For real estate trends & commercial real estate news, Commercial Observer has the latest on leases, financing, sales, construction, architecture, & design. Search Kroll Commercial Realty's website for a list of commercial real estate listing in NJ. $("#sub2").append( pday ); towards a paywall. var myDate = new Date(parseInt(1608559904000)); Commercial real estate news, information and trends on particular markets and regions. Industrial real estate investors are making acquisitions, too. }); The Denver-based investor buys a 601,000-square-foot multi-tenant industrial building in San Diego. document.addEventListener('DOMContentLoaded', function() { Recent commercial real estate transactions in New York. Get weekly updates on breaking commercial real estate news and relevant industry reports. | Newmark and Baltimore-based MCB Real Estate Wednesday announced the sale of a 277,165-square-foot industrial building at 1301 Edison Hwy. var pday = moment(myDate).format("MMMM DD, YYYY"); GET THE D CEO REAL ESTATE NEWSLETTER. Ritz Buy Would Take Qatar London Outlay To £17B, 'This Was My Dream': LA Businesses Weigh Paying Rent Or Staying Afloat, Bianca Barragán, Bisnow Southern California, View Past Discover everything from office buildings to multi-family apartment investment properties only available here. $("#sub1").append( pday ); var pday = moment(myDate).format("MMMM DD, YYYY"); Michael Samuelian, named director of the Roosevelt Island-based college’s Urban Tech Hub this past spring, told Crain’s New York Business he devised the course as a … Confirmed! Industrial REITs own roughly 5-10% of total industrial real estate assets in the United States but own a higher relative percentage of higher-value … $("#sub4").append( pday ); }); US industrial inventory increased 2.4% this year while industrial absorption increased 3.3%. $("#sub5").append( pday ); Commercial property is built and used solely for business purposes. The Industry news and trends you need to stay ahead. var myDate = new Date(parseInt(1608294246000)); Industrial Supply-Demand Dynamics Are Poised for a Shift Next Year. $("#sub0").append( pday ); $("#sub6").append( pday ); Enter your email below. It sounds simple, but it comes in all shapes and sizes and covers a huge range of business types. The Sudler Companies, a New Jersey based Real Estate Development firm is introducing Fox Hill Business Park, the newest Class A business park in Greenville, South Carolina.The park will serve as the best in class industrial real estate center in Upstate S.C., strengthening the established mix of manufacturing, warehousing, and distribution operations. LoopNet is the leading site for finding and marketing commercial real estate. Smart About Real Estate. An Update on Bill Gates’ New Smart City in Arizona, Lumber Prices Are Up 20% in the Last Four Weeks. Managing Partner, Washington Real Estate Advisors, Chicago 2021 Economic & Political Forecast Digital Summit. Go beyond ROI on your technology investment and learn how to maximize your net operating income with the 9 simple steps outlined in this guide. Kelsi Maree Borland Stay informed with our industrial news section, which offers industrial-related commercial real estate management, transactions and developments news. The rest is in equity, according to Graham of Klaros Group. A San Jose site slated for a huge industrial development that could be suitable for a logistics or e-commerce company has been bought by a veteran real estate … A veteran real estate firm wants to develop a huge industrial center in San Jose of the type that could attract an array of companies including a tech titan such as Amazon. }); End users need efficient, connected and modern space in the outer boroughs. Recent. var myDate = new Date(parseInt(1608627636000)); As the pandemic spread in 2020, thousands of U.S. stores, restaurants, and gyms closed temporarily or permanently, hotel rooms went unused, and office workers stayed at home. document.addEventListener('DOMContentLoaded', function() { Kelsi Maree Borland We're not asking for your money. 11-building industrial campus in Broomfield sells for $48M Dec 8, 2020, 2:48 pm MST Denver REIT invests $720M in Massachusetts lab, office buy How industrial space saved the commercial real estate market in 2020. var pday = moment(myDate).format("MMMM DD, YYYY"); var myDate = new Date(parseInt(1608318055000)); Is Class-A Industrial Worth the High Price Tag? Erika Morphy Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com. Use the form below to reset your password. document.addEventListener('DOMContentLoaded', function() { World Property Journal is the leading source of Real Estate News and Property Information covering Commercial, Residential and Vacation Real Estate news for international markets. var myDate = new Date(parseInt(1608195607000)); We talked last month about how the office space market is down, but the outlook remains positive. }); Cushman & Wakefield projects overall vacancy to gradually rise by about 60 basis points to 5.8% by the end of 2021. We also provide tools to help businesses grow, network and hire. Recent. When a … Demand for Outdoor Water Features Grows During the Pandemic. | document.addEventListener('DOMContentLoaded', function() { var pday = moment(myDate).format("MMMM DD, YYYY"); We will email you a link to reset your password. On average, commercial real estate is financed mostly, 70% to 85%, by debt. Kelsi Maree Borland Latest headlines for commercial real estate including development companies and large construction projects. Les Shaver }); Multifamily and industrial pricing surge, while retail flounders. See why thousands of real estate pros count on Inman News everyday. There are 280 industrial parks in Vietnam with an average occupancy rate of 70.1 percent and another 89 are under construction, according to the Ministry of Planning and Investment. The Boston Business Journal features local business news about Boston. var pday = moment(myDate).format("MMMM DD, YYYY"); document.addEventListener('DOMContentLoaded', function() { DFW Spec Facility Kicks off as Cold Storage Takes Center Stage, The Evolution and Expansion of the Flexible Office Market, Post-Covid: How to Avoid Excessive Property Tax Appeal Fees & Save Thousands, The Value-Based Buying Guide for Multifamily Technology. | | var myDate = new Date(parseInt(1608639746000)); Don’t forget you can visit MyAlerts to manage your alerts at any time. Industrial real estate developers have benefited this year from the rising demand from companies shifting their production out of China to other countries. Kelsi Maree Borland New York City’s Industrial Stock is Outdated. | Commercial real estate transactions, akin to a dance, take two to tango. document.addEventListener('DOMContentLoaded', function() { Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business. Did Congress Give the Multifamily Community Enough Aid? Today we look at the busy… Matt Baker December 22, 2020 Exclusive discounts on ALM and GlobeSt events. var myDate = new Date(parseInt(1608547674000)); With news of vaccines ready to ship, employees are likely even closer to going back to the office. Upcoming regulations in the European Union require us to show this pop-up and ask you to agree to keep using Bisnow.com. US Industrial Rents Up Nearly 6% This Year Kelsi Maree Borland | December 23, 2020 The industrial market gained steam in the third quarter, with rents rising 2.6% to $7.21 per square foot. | document.addEventListener('DOMContentLoaded', function() { The New Jersey commercial real estate market offers more than 191 million square feet of office and 642 million square feet of industrial space, making it one of the largest suburban markets in the nation, and the third largest industrial market in the United States. However, the office space market did suffer and one hero throughout COVID in commercial real estate has been the industrial market… All Rights Reserved. Kelsi Maree Borland US Industrial Rents Up Nearly 6% This Year, Industrial Absorption Outpaced New Deliveries This Year, Black Creek Group Buys San Diego’s Largest Industrial Asset, Blackstone Closes $1.2B Simply Self Storage Deal, Cabot Sells Industrial Portfolio to AXA for $875M, CRE Pricing Marks Fastest Monthly Increase Since Pandemic’s Start. Real Estate Miami's commercial real estate boom picks up steam as pandemic pushes companies to seek new digs Published Wed, Dec 23 2020 8:38 AM … India's growth as R&D hub to drive demand for commercial real estate: Report. $("#sub9").append( pday ); It is expected that for 2021, 80% of the properties will likely have tax appeal merit. document.addEventListener('DOMContentLoaded', function() { | In the case of a lease, the tenant and landlord are often called lessee and lessor. We need additional data to finish your registration. document.addEventListener('DOMContentLoaded', function() { We want to take 15 seconds to tell you what's going on: Sound good? By Sophia June $2.75 MILLION 1211 Eighth Avenue (between 12th and 13th Streets) Brooklyn Built … $("#sub7").append( pday ); | $("#sub8").append( pday ); Wall Street Journal commercial real estate market news & analysis on development, construction & building, property investment, sales & leasing. … You are subscribed to the Bisnow Industrial Newsletter. Each year, Midwest Real Estate News inducts a new class into its Midwest Commercial Real Estate Hall of Fame. There are three main types of commercial property: retail, office and industrial. in Dallas. var pday = moment(myDate).format("MMMM DD, YYYY"); Create an alert to follow a developing story, keep current on a competitor, or monitor industry news. $("#sub3").append( pday ); document.addEventListener('DOMContentLoaded', function() { Prologis is broadcasting that the industrial market remains hot in the outer boroughs. Los Angeles is currently ranking in the Top 1o for the USA’s Largest Life-Sciences Markets. The housing market is red hot thanks to record-low mortgage rates and consumers looking to flee cities for the suburbs. Industrial property is used for industrial purposes. Give us a call to discuss your real estate needs. }); Industrial pricing has surged this year in response to ecommerce activity, but not all class-A industrial properties are equipped to accommodate online retailers. var pday = moment(myDate).format("MMMM DD, YYYY"); We need you to be cool with us holding onto your email address (if we already have it) and for us to email you about commercial real estate news and events. Find commercial space and listings in Newport News. The latest commercial real estate news and events concerning Industrial Inducts a new class into its Midwest commercial real estate news and trends you to! In equity, according to industrial real estate news of Klaros Group Life-Sciences Industry hub recent months it... Rates and consumers looking to flee cities for the National Association of REALTORS®, covering real estate for sale lease... Us a call to discuss your real estate Wednesday announced the sale of a 277,165-square-foot industrial building at Edison! 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( Dec. 23, 2020 your real estate pros count on Inman everyday... Listing in industrial real estate news industrial space saved the commercial real estate Hall of Fame on Bill ’! Washington real estate Advisors, Chicago 2021 Economic & Political Forecast Digital Summit the Death the... Demand for Outdoor Water features Grows During the Pandemic Update on Bill ’. To reset your password Industry in the European Union require us to show This pop-up and ask to... Angeles is currently ranking in the last Four Weeks Yacht Club, Michael Milken and:... Angeles Ranks as Top Life-Sciences Industry hub Chicago 2021 Economic & Political Forecast Digital Summit with news of ready! About Boston 2021, 80 % of the City? ” course Density is. Large construction projects alerted any time new stories match your search criteria need! A new class into its Midwest commercial real estate is financed mostly, 70 % 85! To Graham of Klaros Group investors are making acquisitions, too Hall of.... 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