Miami's industrial market continues to grapple with an influx of delivery and slow absorption.
Panelists say Chinese companies may be looking to stock up before any potential tariffs.
Pepsi Beverages Co., a division of PepsiCo Inc., agreed to lease a 352K SF build-to-suit logistic facility.
The partnership has already made acquisitions in Las Vegas, Phoenix and along the West Coast.
Loan proceeds and equity will go toward refinancing existing debt, acquiring a Nashville portfolio, closing costs and landlord payments.
Third-party logistics firms dominated CBRE's survey of the 100 largest industrial leases of H1 2025 as retailers and manufacturers outsource their distribution.
Epstein, a Chicago-based design and construction company, has entered into the Raleigh industrial and life sciences market, bringing 100 years of experience.
Industrial assets in the Philly MSA are currently valued at $77.8B while multifamily properties are worth just $75.9B.
A rapid slowdown in new warehouse development will likely even the playing field after 2025.
The sector is expected to stabilize as vacancy rates and supply levels return to historical norms.
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