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It's The Long Game For Industrial Developers, Investors As DFW Market Rebalances
Rents are high and demand is strong despite a cooling market.
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Rents are high and demand is strong despite a cooling market.
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Manufacturing helped build Baltimore, and while the sector has no facilities under construction in the region today, backers say it can be part of its future.
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A vacancy issue is simmering in DFW as tenants pause space decisions and a historic amount of new construction hits the market.
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It's still not a tenant's market, but users have some room to move.
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Marcus Partners sold the portfolio, which spans more than 1M SF across buildings in Franklin, Peabody, Sutton and Avon.
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Big leases are few and far between these days, even in a major industrial market like the Inland Empire.
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Rents are down, vacancy is up, but no alarm bells are ringing yet, according to Savills.
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The loan will refinance 12 distribution centers owned by Preylock, a landlord with one of the biggest industrial portfolios leased to the e-commerce giant.
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The company still beat analysts' expectations for revenue in Q1.
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Leasing activity in Miami and Fort Lauderdale is less than half of what was seen through the first half of last year even as rents continue to rise.
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