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Including this one, CenterPoint has spent more than $750M on acquisitions in SoCal this year so far.
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Houston industrial rents are poised to rise in the next year or two, as soaring land costs and tightening supply trickle down to tenants.
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Sahni Enterprises, which sells digital scales and hookahs, is entering the industrial development business.
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Duke bought a now-shuttered glass facility for $34.4M.
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Industrial executives from CBRE and Duke Realty said the issues tenants face are actually leading them to lease more warehouse space.
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A roundup of the largest industrial leases in Houston during Q3 2021.
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Offices in SoCal's industrial areas are getting lots of attention from industrial developers looking to replace them.
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Industrial is booming but the situation is actually more complex than record low vacancy rates suggest.
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With rent growth hitting levels never before seen in the industrial sector, developers are confident that rents can outpace the rising cost of construction.
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Investors stand ready to pour billions into the sector, which experts say will keep growing even if Covid-19 subsides.
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