Risks associated with building spec are being outweighed by historic levels of demand for industrial space in DFW.
Ridgeline Property Group officials say now is the time to break ground on their I-80 Logistics Park, which will eventually bring 7M SF to Minooka.
With limited supply, demand from all sides and tenants that don't bat an eye at spiking rents, industrial outdoor storage is the belle of the investment ball.
The industrial sector attracts another $2B in investment, including overseas capital.
Record-high Port Houston container volume and rapid population growth are spurring larger industrial leases, with no sign of a slowdown in 2022.
The Gulf Coast is benefiting from clogged West Coast ports as companies get crafty to beat back supply chain delays.
Slowing sales from FedEx signal the pandemic-fueled delivery boom that drove warehouse demand is disappearing, and the industrial market could feel the pain.
Philly multifamily developer Alterra Property Group has also become a major national investor in the industrial outdoor storage market.
The deal brings Trammell Crow in line with Prologis and other industrial landlords eager to entice ESG-focused investors and tenants.
Vacancy has dropped below 2% for Boston-area industrial real estate, an all-time low that is shifting the dynamics of the market.
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