Industrial service facilities are in high demand due to e-commerce, but cities discourage the development of new sites, and that's good news for investors.
Because rent growth is so massive, it might have gone for even more if it were vacant.
Since 2020, Amazon has reportedly spent $2.3B buying more than 5,000 acres.
Amazon is pulling back, but look for the rest of the industrial world to make up the gap, Duke said in its Q1 earnings
The developer is partnering with a local firm for the project.
Three of the five initial companies receiving Amazon funding are focused on robotics.
Fort Capital combines a technology-focused strategy with providing a level of service not normally seen in Class-B properties.
Investors are flocking to industrial outdoor storage, an especially hot asset in Baltimore because of the number of cars and trucks that pass through its port.
Orange County's industrially zoned office properties continue to get snapped up by industrial owners.
Duke Realty purchased the site of a 100-plus-year-old industrial company, with plans to redevelop it into a modern facility.
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