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Cargill is leasing 70,000-square feet at Beacon Logistics Park, half of which is for freezer space with the remaining space allocated for offices and cooler storage.
There continues to be a strong appetite from lenders for the right commercial real estate assets and new development in select South Florida markets, according to PEBB Enterprises CEO Ian Weiner.
With stores like Neiman Marcus, JC Penney and Pier 1 struggling, there could be excess retail warehouse space later this year, particularly in the Inland Empire.
Many of these individual rental owners are essentially small business owners and this rent provides the income to meet the rental home's costs and expenses, such as taxes and insurance, says Roofstock.
Demand for industrial space, especially for final-mile distribution buildings, will continue to increase in Austin as the population center grows and its tech savvy consumer base makes more online purchases.
Having an official presence in Dallas will allow PDR to get involved in local developments and grow its regional and international reach, according to Marc Bellamy, principal and partner at PDR.