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The projects are often up against multiple challenges, including zoning and picky neighbors, but they can be attractive for the right owners.
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Invesco calls last-mile logistics a "compelling sub-sector."
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Developers completed a record 607M SF of U.S. industrial projects in 2023, leading vacancy to reach its highest level since 2016, according to Colliers.
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Despite a freight recession and a softening industrial market, industrial outdoor storage real estate is poised to perform in 2024.
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Houston's industrial market appeared to be slowing down, then October brought the year's highest leasing volume.
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Barbara Perrier has been an industrial specialist in Southern California since the 1980s.
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Industrial activity has retreated from pandemic-era highs but remains resilient even as a record amount of new inventory comes online.
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The company on Thursday reported that it operates nine distribution centers across the U.S. and has six more under construction.
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CBRE hired a team from Savills to join its Houston industrial and logistics group.
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Industrial development in border towns has boomed as nearshoring gains traction among American companies.
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