Toronto's Industrial Market Stays Strong As Economy Wobbles
Toronto's industrial real estate market stayed solid in the initial weeks of the coronavirus, according to a new JLL report.
Toronto's industrial real estate market stayed solid in the initial weeks of the coronavirus, according to a new JLL report.
Two months after the coronavirus halted commercial real estate, the industrial industry looks to come out fast and on top
The Illinois-based industrial CRE investor's latest deal is for one of the East Bay's biggest industrial properties.
Employment is up in the logistics sector, which bodes well for industrial real estate.
Houston is facing a short-term glut of industrial product.
Industrial rental rates see solid growth with consistent demand for larger warehouse and e-commerce distribution facilities feeding the market.
Many types of expected users expanded during the pandemic, such as e-commerce, but there were some surprises, including automotive companies.
An e-commerce user just took more than 500K SF at BridgePoint 290, a new spec development in west suburban Cicero finished in 2019.
Demand for e-commerce services and goods have prompted users to snap up more space around the country.
Haverwood Investments acquired two tracts of land in Mesquite to create one of the few remaining infill industrial property sites available in the submarket.
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