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News
THE DEAL WITH INDUSTRIAL
May 31, 2012
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Marcus & Millichap ranked DFW No. 3 on its new 2026 National Industrial Index as private investors have fueled metrowide transaction growth.
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Machine Investment Group has acquired a 10-building industrial park in the Phoenix submarket Southeast Valley.
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No one has built any new industrial for three years, which is helping cull vacancy rates.
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Nearly half of major U.S. industrial markets saw sentiment shift year-over-year, with most moving closer to landlord-favorable conditions.
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Houston's industrial market flipped from zero 1M SF leases to tenant demand driving up rents 9 cents per SF in a new 1M SF building in less than three years.
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The acquisition comes about a year after BKM and the real estate investment arm of Kayne Anderson formed a JV to target small- and midbay industrial.
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