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Industrial development has moved at a breakneck speed, but that could change as banks pull back and challenges outside sectors begin to dampen demand.
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Occupancy across the board hovered around 98% for major industrial REITs.
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CRE owners don't necessarily want to get into the EV business, one source said.
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CRE wants to bring more industrial to the Port of Oakland, but the solution isn't that easy.
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E-commerce furniture seller Wayfair has abandoned its plans to operate a 1.2M SF distribution center in North Houston.
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California-based Ensemble Real Estate Investments bought two Wayne office buildings in its first acquisition in the Philly market outside the Navy Yard.
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The biggest sales, leases, loans and more from the week in South Florida commercial real estate.
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Kim said uncertainty is still increasing in commercial real estate, to the detriment of property values.
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Owners are still benefiting from the aggressive rent growth of earlier in the pandemic, an analyst said.
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Industrial activity has retreated from pandemic-era highs but remains resilient even as a record amount of new inventory comes online.
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