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We posed that question and how the industry can keep pace to Andrea Jang, head of growth Americas for JLL Spark, a panelist who will speak at the upcoming CREW Network Convention later this month in Orlando, FL.
The company states that it signed a 10-year lease for its new headquarters space at the 2.5-million-square-foot complex and will invest more than $200 million annually in the region through headcount, real estate investment and other expenses
According to Stan Johnson's Lanie Beck, industrial is an exciting sector with every subset from manufacturing to bulk warehouse to last-mile fulfillment and distribution playing their part.
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In an EXCLUSIVE interview with Philip D. Voorhees, vice chairman of CBRE National Retail Partners-West, we learn why retail is currently out of favor with the institutional cohort and some good advice for today's CRE investor.
"Furthermore, we expect to be able to take advantage of our heavy lease expiration cadence over the next couple of years, to close underperforming stores or relocate stores to improve sales and profitability on a per-store basis," the shareholder letter states.