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'It's Hard To Say The Sky Is Falling': LA County's Industrial Market Loosens Up
Vacancies are up, but the slowdown brings breathing room.
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Vacancies are up, but the slowdown brings breathing room.
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Chicago leads the nation in office-to-industrial conversions by a significant margin, but developers are starting to face opposition from area residents.
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Austin’s industrial sector is experiencing some market challenges, but professionals at Catamount Constructors remain optimistic for the market's future.
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A glut of spaces larger than 100K SF is driving up vacancy rates, with another 6M SF of space under construction that is only 10% preleased.
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Industrial vacancy drops everywhere but in the city proper, Tourmaline moves into the life sciences sector, and more in this week's Philly Deal Sheet.
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The portfolio consists of 48 properties totaling 3M SF of industrial real estate in Southern California.
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Memories of top-dollar sales from before the slowdown are keeping sellers and buyers divided.
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Amazon's activity is a turnaround in industrial absorption for the e-commerce giant, which paused its voracious leasing after a flurry in 2020 and 2021.
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Baltimore's industrial market posted the first quarter of net occupancy loss since 2017, according to JLL, but Class-B and C properties caused the losses.
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The properties are in the Inland Empire West market and have been fully leased for years.
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