The downtick in US industrial purchases by foreigners may be an anomaly rather than a trend.

There are four major industrial projects being launched in the Kansas City market.

The US industrial market has weakened considerably since January, according to Q1 reports by Grubb & Ellis and Colliers.

Banc of America Securities LLC has reiterated its buy recommendation for the company.

Investors and developers remain optimistic about the industrial sector's performance relative to other property types.

After remaining unchanged in February, the American Trucking Association's advanced seasonally adjusted For-Hire Truck Tonnage Index fell 3.3% in March.

For the more relevant manufacturing segment of the overall industrial sector, the picture was generally negative.

The most recent announcements include the selection of Catellus Development Group to build the five million-sf Airport East Business Park.