The weighted average for starting rents in multistory industrial properties is over $37.20 per SF.
Vertical farm to open in Croydon
As leasing slows, developers are reducing their expansion plans and preparing for lower rents.
Some key areas, including the Southern California markets of Los Angeles and the Inland Empire, are experiencing softness.
They might be some way off, but Indurent and Segro deals would ignite the UK industrial and logistics sector.
Rising e-commerce demand is fueling the industrial sector, benefiting global operators like Prologis.
REITs' Q3 earnings diverge due to industry highs and lows. s
More developments to break ground at the Port of Oakland this year
IM Properties chosen to develop 160 Peddimore industrial site near Birmingham
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.