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Should the trade disputes escalate it will likely result in less demand for industrial space as US imports require more space than US exports, CBRE said.
With $100 million in industrial deals closed this year, Stos Partners gives us an inside look at the rapidly moving industrial investment market in this EXCLUSIVE story.
As part of the administration's “Freight NYC” initiative, the New York City Economic Development Corp. will release on Friday a request for proposal for a private partner to build an Urban Distribution Center totaling 500,000 square feet or more at the Brooklyn Army Terminal.
Dr. Jerry Parrish, Florida Chamber Foundation chief economist, who forecasted earlier this year that Florida would reach the new $1-trillion economy threshold sometime in 2018, says the milestone was achieved last week. He notes that Florida is adding $2.74 billion each day to the state's GDP.
The general sentiment at PCBC was cautiously optimistic given the length of this cycle, but concerns are offset by strong demand for housing, rising wages and low employment, suggesting there is room to go.