Industrial activity has retreated from pandemic-era highs but remains resilient even as a record amount of new inventory comes online.
The company on Thursday reported that it operates nine distribution centers across the U.S. and has six more under construction.
CBRE hired a team from Savills to join its Houston industrial and logistics group.
Industrial development in border towns has boomed as nearshoring gains traction among American companies.
While still niche, the trend has the potential to accelerate as more office debt matures.
As Mayor Adams seeks to push a series of policies aimed at relaxing zoning across the finish line, a concession could have a knock-on effect for e-commerce.
Warehouse vacancy rose above 5% at the close of 2023 as tenant demand normalized from pandemic heights.
DFW's more than 613M SF in total distribution and warehouse space helped beat out Phoenix, Arizona and Savannah, Georgia at No. 2 and No. 3, respectively.
Market and political forces applied downward pressure on industrial construction, which is bottoming out as the economy approaches a potential turning point.
Clean vehicle mandates, federal funding and a transformer shortage are all boosting hydrogen's presence as a fuel in the Houston industrial market.
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