Dallas-Fort Worth finished 2024 as the leader in industrial property sales with nearly $6 billion in transactions by year-end. First, it claimed the top spot in September, replacing the Bay Area. Then, by the close…
Category: Industrial Real Estate News
Houston’s industrial sector has maintained strong activity heading into 2025. Back in 2024, the market saw $3.4 billion in industrial sales, trailing only Dallas nationally. A standout transaction within this volume was private equity firm…
Fast-fashion retailer Shein has pulled off the sublease market its 1 million square feet of industrial space at 36500 Cherry Valley Blvd. in the Inland Empire, Calif., I-10 Logistics Center, according to Bisnow. The company…
Digital Realty is advancing plans to transform a dilapidated parking structure at 727 Grand Ave. in downtown Los Angeles into a 13-story, 230,000-square-foot data center. City planning documents indicate the project will serve as a…
One of the largest industrial real estate developers in the U.S., Panattoni is making a significant shift by venturing into data center development. Driven by skyrocketing demand from the artificial intelligence sector, the Irvine, Calif.…
Despite the normalization of demand for industrial space and the rising cost of capital, most markets covered by Commercial Edge have experienced an increase in average sales prices this year. In fact, the latest industrial…
New York investment firm Clarion Partners has acquired the newly built TIA Logistics Center — a 245,000-square-foot, Class A industrial warehouse near Tampa International Airport — for $49 million (roughly $200 per square foot). Located…
Despite a downturn in industrial sales volume attributed to higher interest rates, tightened capital markets and a shift toward normalizing demand, the industrial property market hasn’t seen any significant discounts. Even with sales figures experiencing…
The portfolio includes 31 industrial buildings across two industrial parks, totaling some 444,000 square feet of industrial space in Fort Lauderdale as well as 855,000 square feet of industrial space in Denver.
Danish logistics giant Maersk has signed a lease for a 1.2-million-square-foot distribution facility in southern California, marking the largest industrial signing in the Inland Empire during the fourth quarter of 2023. The new facility —…
