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Net-lease investments into the Big Apple are up 46.4% year-over-year, and the total volume of net-lease investment is up 8.6% from Q2 2018 at $2.6 billion.
The opening of the Conn's HomePlus Lakeland distribution center in August 2020 will create approximately 50 new full-time jobs, with an estimated 720 additional statewide jobs generated as the retail showrooms open.
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.
The acquisition of well-positioned assets in high-barrier-to-entry markets was supported by desirable locations, recent capital investments, stable operating performance and a mix of high demand drivers.