Industrial

The Chicago-based company has hired two industry professionals to lead the new division's investment activities.

As always, our selections are not based on sheer numbers—who closed the most deals, for example, or racked up the highest deal volume. Rather, we look for the people, teams and organizations that have that skill and expertise and who made a mark in the past twelve months in this category.

CBREs Weekly Take podcast delved into the world of the industrial sector with two experts in the field.

As a design evolves, it is important to routinely take a pulse check to ensure that project goals including budget are still being met, says Carlo Torrano, a licensed architect and a project manager for Bradac Co.

In one of the deals, the REIT acquired a newly-built facility in Florida for $25 million.

Industrial assets, everything from warehouses and distribution to manufacturing, is the most sought-after asset in the current market.

The company aims to capitalize on the area's economic growth with its recent acquisition of the 500-unit apartment community.

Southern California investment volumes hit $3 billion in July, the highest monthly total in 2020.