Owners are still benefiting from the aggressive rent growth of earlier in the pandemic, an analyst said.
Compared with a year ago, all CRE pricing is down 7%.
Amazon is planning its offense for a 2024 full of pushback to Inland Empire and SoCal industrial facilities.
Despite a slowdown in space takeup in Q3, Dublin's industrial and logistics sector saw vacancy rates fall and rents rise.
Two major industrial and logistics schemes have been granted planning permission for sites in Rainham and Tunbridge Wells.
The properties, sold in five separate deals, span the Atlanta, Dallas-Fort Worth, Chicago, Lehigh Valley and Central Pennsylvania regions.
Denver’s industrial market was red-hot during the height of the pandemic, which led to a surge of new development.
The property will be ready in Q3 and hopes to serve users that need access to the Ports of LA and Long Beach.
The market is coming back down to earth, researchers say.
Miami-Dade saw 2.1M SF of leasing activity in the third quarter, with Broward County nearly matching it at 1.9M SF despite having less inventory.
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