Sales volume and equity financing conditions have improved significantly compared to the last quarter, according to the latest survey by NMHC
CP Executive Feed
The construction of the 201,000-square-foot facility adjacent to Chandler Municipal Airport is set to begin in less than three months.
The assets are located across the Moreno Valley, San Bernardino and Rialto submarkets.
The newly built $55 million facility uses vertical integration, machine learning and robotics to process online customers’ orders, pick the products and pack them for delivery.
According to Yardi Matrix data, year-to-date deliveries amounted to 6,300 units as of March, with the first two markets accounting for 67 percent of total completions.
The sale of the value-add property in Gresham, Ore., marks one of the only medical office deals to close in the market this year.
The facility will be the first U.S. location to implement the company's proprietary earthquake protection system.
The speculative office project is nearly 30 percent preleased.
The client for the last-mile logistics facility is unnamed, but Seefried is a longtime development partner of Amazon.
The company is building the second phase of a complex expected to total 1.9 million square feet in Fort Myers, Fla.
Binswanger-Gateway Partnership executive Stephen Rigl now leads the Realtors affiliate, which represents thousands of professionals in South Florida.
The 2.4 million-square-foot Golden Triangle Industrial Park sold for the first time in 20 years, fetching nearly $140 per square foot.
According to the latest Assurant survey, many renters either became roommates or moved into more affordable units due to COVID-19.
A sales and marketing firm will occupy the recently expanded warehouse near Interstate 15.
The automaker's financing arm will increase its footprint at the property to nearly 100,000 square feet.
The transaction includes a collection of 88 facilities in five key markets of the Mid-Atlantic and Southeast.
Investors have begun focusing on more office acquisition opportunities in growth markets across the country, says Jim Dunbar, senior managing director at Värde Partners.
The property comprises three buildings and 23 acres of neighboring land in Rockland County, N.Y.
Economic recovery is well underway, but San Jose rents continue to drop, down by double digits year-over-year.
Hudson Pacific Properties and Blackstone own the Class A building, where Company 3 will occupy more than half the space.