“Internet shopping, the deepening of the Panama Canal and the raising of the Bayonne Bridge have created the need for more warehouses and logistics facilities,” says AESI's president, Mike Novak.

In 2017, Madison and DDR announced a $1.05 billion recapitalization of the shopping center portfolio.

The area around Chula Vista is seeing a big increase in multifamily development following the build out of areas to the north.

STR says the drop can be attributed to the shift from urban to suburban sales and to sales that were outside of the top 25 markets.