The market's industrial rate hovered around 8.6% in the second quarter.
Denmark-based Maersk signed a 617K SF lease to occupy a full building that GFI Partners developed speculatively in Worcester County.
Today’s bigger, more technologically advanced warehouses, especially those outfitted for cold storage, are at greater risk for fire.
All the week's top deals in Denver.
But tenants pulled back on smaller warehouse spaces in the second quarter.
Aerospace and defense users accounted for 11% of greater LA’s industrial leasing activity in spaces of 100K SF or more as of the second quarter.
Majestic Realty Co. announced a ground lease agreement for a 1M SF light industrial project.
A quarter of the industrial giant's 5.7M SF in second-quarter construction starts are speculative development as the firm chases rebounding demand.
Brookfield Asset Management and CPP Investments are paying a 12.3% premium to acquire 108 assets spanning 53M SF and delist the public REIT.
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