Industrial

This quarter, PGIM Real Estate added 49 best-in-class industrial properties totaling 12.3 million square feet to its core fund.

UBS says the industrial sector's performance is "relatively healthy, if softening", setting it apart from apartments, offices and retail during a challenging second quarter.

Bill Melby's handbook cites the types of calamities, i.e., hurricane, wildfire, earthquake or other unforeseen events, for which a business should plan, and the tips, tactics, why and how-to of minimizing disaster consequences.

Sealy & Co. acquired the eight-building portfolio for an undisclosed price.

This investment follows a $500 million stake Goldman Sachs acquired in a 46-asset last mile industrial portfolio owned by Dalfen Industrial.

While industrial real estate continues to outperform other commercial property types, there are challenges - for the industrial sector - in today's climate, which includes a global pandemic.

Respondents to the US Construction Monitor reported payment delays, in addition to dips in profits and in new business inquiries.

A Colliers International analyst in Milwaukee, Wisconsin, expects a trend of "modest decentralization" by tenants in the office market as an effect of the pandemic.