... office space. The pricing difference between office and industrial assets historically prevented this type of conversion project ... “Big picture, infill development, whether it's office-to-industrial conversions or otherwise, is here to stay,” Everett said. ...
... megawatts of inventory increases this year. “The idea of industrial that can service data centers is a really interesting ... little bit closely,” Rockefeller Group Director Orlando Gutierrez said. Industrial doesn’t capture the high level of rents that data ...
... elsewhere, such as Class-B and C industrial properties. Emerging Industrial Markets Boyd said the growth of some of ... shoring/nearshoring of manufacturing are also driving new industrial demand.” The industrial sector is positioned to flourish in markets ...
... for absorption to catch up, leading the pace of new industrial construction to fall dramatically compared to historical highs in the ... leased through June 2025, Perez said. Just 32% of the industrial properties that came online in 2024 have found tenants, she ...
... Matt Lilley told an audience at Bisnow’s UK Industrial And Logistics Transformation 2025 event at Regent’s University, ... promote logistics as foundational sector in the Government’s new Industrial Strategy,” he said. Carey also lambasted the “endless ...
... the peak of quarterly completions. Another 279M SF of industrial space is under construction, but new starts fell dramatically ... range of opinions about what new tariff policy means for industrial space. Uncertainty around where levies will land could be ...
... to be lumpy and somewhat deliberate,” Schultz said. First Industrial Realty Trust President and CEO Peter Baccile said the ... could increase the value of existing properties by restricting industrial development in the state. California Gov. Gavin Newsom ...
... , and commercial construction in the office, multifamily and industrial spaces has plunged. But government work fixing bridges, ... major manufacturers. Manufacturing usually accounts for 10% of industrial tenants in the Houston market, but now it accounts ...
... broader weakness in the sector. But executives said the industrial market had reached an inflection point. The firm’s ... , driven in large part by a struggling Southern California industrial market, Arndt said. Leasing activity has been broadly sluggish ...
... by $1.98 in LA. Both markets are major industrial hubs because of their proximity to ports. Prologis acknowledged softness ... the area were falling because of increased concessions. Many industrial landlords have long anticipated that the year would end with ...
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