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Occupancy across Rexford's portfolio was 98% last quarter.
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The addition of three Miami brokers comes after SRS Industrial expanded from Dallas into Atlanta and Southern California.
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Greenleaf is taking a cost-effective approach to converting abandoned office spaces in Atlanta into thriving and affordable flex spaces.
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Although the industrial construction pipeline is active, it has slowed from its peak a couple of years ago, another indication of normalization.
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The amount of new industrial development delivering last quarter was up 21% from 2022, per JLL, but the pre-leasing rate for that space dropped dramatically.
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The portfolio comprises more than 300K SF of Class-B properties in Garland, Farmers Branch and Carrollton.
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Developers delivered 12.8M SF of industrial space to Chicago in Q3, the highest quarterly volume since the first quarter of 1999.
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Floor & Decor said it will hire 165 people as part of the expansion, which brings its total footprint to 2.8M SF at the eastern Baltimore County campus.
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Common electrical gear like switchgears, transformers and circuit breakers have been in short supply since Russia invaded Ukraine in 2021.
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Prolific industrial investor and redeveloper Velocity Venture Partners has acquired a former department store in South Jersey for conversion.
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