Developers, lenders and investors in the industrial space are asking how to turn industrial’s signature, gritty gray into green as they plan for longevity.
The resolution of some supply chain woes, coupled with economic anxiety, is slowing the industrial leasing market.
Experts from Matan Cos., Prologis, Brookfield, MCB Real Estate and JLL see room for further rent growth in the mid-Atlantic industrial market.
Amazon, for years the bellwether of the industrial market, is decelerating. But interest in domestic manufacturing might pick up some of e-commerce's slack.
Developers and investors say a lack of developable land will keep South Florida's industrial supply constrained and continue to drive up rents.
Rents ballooned for the industrial giant, but some slowing in the market is expected.
The property is entitled for 412K SF of new warehouse space.
One type of higher voltage equipment is averaging a lead time of 60 to 70 weeks, while other key utility infrastructure lead times remain 20% to 40% higher.
Massive growth in the industrial outdoor storage sector, and billions of dollars in investment, has attracted unseasoned buyers to the market.
Residents in the Echo Heights area are calling on the city to stop industrial projects from being built near homes.
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