Developers delivered 12.8M SF of industrial space to Chicago in Q3, the highest quarterly volume since the first quarter of 1999.
Floor & Decor said it will hire 165 people as part of the expansion, which brings its total footprint to 2.8M SF at the eastern Baltimore County campus.
Common electrical gear like switchgears, transformers and circuit breakers have been in short supply since Russia invaded Ukraine in 2021.
Prolific industrial investor and redeveloper Velocity Venture Partners has acquired a former department store in South Jersey for conversion.
Rents are high and demand is strong despite a cooling market.
Manufacturing helped build Baltimore, and while the sector has no facilities under construction in the region today, backers say it can be part of its future.
A vacancy issue is simmering in DFW as tenants pause space decisions and a historic amount of new construction hits the market.
It's still not a tenant's market, but users have some room to move.
Marcus Partners sold the portfolio, which spans more than 1M SF across buildings in Franklin, Peabody, Sutton and Avon.
Big leases are few and far between these days, even in a major industrial market like the Inland Empire.
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