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The biopharmaceutical company already has a 1.3M SF R&D campus in Gaithersburg.
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STRO founder and principal Steven Millstein said these properties have long been his company's sweet spot, even prior to the e-commerce boom.
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Pagewood bought a nine-building infill industrial park and plans to make capital improvements.
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First Industrial Realty Trust will increase its Houston presence by 40% with a new warehouse project.
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The six-building property sold for more than $30M.
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Despite a leasing slowdown overall, shallow bay and smaller warehouses have been commanding the most tenant activity.
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Bisnow spoke with Roy Allen and Rick Rodman from Catamount Constructors to learn how the DFW industrial market is growing and where the sector is heading.
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The city is implementing a newly adopted plan for the Newmarket neighborhood, aiming to preserve industrial uses that could have been wiped away otherwise.
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The Chicago industrial market is seeing a more conservative shift in developers' attitudes toward new construction.
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Owners are still benefiting from the aggressive rent growth of earlier in the pandemic, an analyst said.
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