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B6 Real Estate Advisors has appointed Trisha Connolly as senior managing director in the firm's capital advisory division, the first female team leader at the firm.
Inventories will be 5 to 10% higher when the crisis is over, which will cause the growth rate to change or perhaps double in four to five years, and the lessons learned will lead to more manufacturing in the Americas.
"We're all in the same boat," says IREM secretary and treasurer, Barry Blanton, CPM, so empathy is key. But compassion and self-protection in the midst of the pandemic are not mutually exclusive.
The quality of Addison II and its strong tenancy were key factors in this acquisition, in addition to the property's location, which is suitable for users seeking a combination of office and production space.
Fully leased to FedEx Freight, 7012 FM 3009 is a 101,000-square-foot mission-critical facility that recently sold to S&B Detrick LP, a private investor on a 1031 exchange, for $25.7 million.
Also, 13% of respondents noted they had already made cost reductions in real estate expenses, with another 9% planning to take actions in this area in the coming months.