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As industrial vacancy rises in Houston, investors and developers are already looking ahead to the next demand cycle and what could be a severe supply shortage.
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Introducing Century Park, Brookhollow's newest industrial trade and business park in Irving, Texas, only a few minutes from Downtown Dallas.
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Camber Development and Wheelock Street Capital will use the loan for their 238K SF industrial project at 800 Salem St. in Wilmington.
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The group plans to spend $1.5M on capital improvements to bring the site "back to life" for industrial and retail tenants.
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Longpoint Partners, Rockpoint, Faropoint and others made industrial acquisitions in South Florida even as leasing activity fell by more than 20%.
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It's a big markup from the last time the property traded hands.
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Timber Hill VP of Capital Markets Martin Siegel discusses industrial market trends, financing projects during and what attracted the company to DFW.
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The firm bought the three-building property from Stockbridge Real Estate.
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Chicago recorded 4.8M SF of construction starts in Q4, the second-lowest quarterly total since the first quarter of 2022.
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Houston's industrial leasing demand dropped more than twice as much as its delivery pipeline this quarter, pushing vacancy higher.
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