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It's been hard for developers to find sites for 1M SF centers inside Chicago, but the demand is there, and the coming years will see such development ramp up.
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Dallas and Houston are among the elite U.S. industrial cities with robust inventory and rent price growth.
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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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DFW's industrial market is on fire, but intense competition is beginning to cut down on the availability of infill, last-mile sites.
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Amazon has agreed to lease a 66K SF warehouse in Northeast Philadelphia, which will be the smallest among its nearly 10M SF footprint in the larger market.
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PGIM Real Estate goes heavy on industrial, spends $425M in industrial assets.
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Brandywine Realty Trust, best known for gleaming University City towers, is planning a new project in the differently attractive industrial asset class.
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Stream Realty Partners is aiming to expand into more markets in 2021.
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Amazon opened 14 new distribution centers in the Philly area in 2020 alone, and it already has nine more on the way this year.
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Industrial development has surged in 2021 to a five-year high.
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