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The sale of distribution warehouses accounted for a third of the second quarter deal volume among industrial properties, according to Real Capital Analytics.
Contributing to the pessimism could be the increase in number of reported coronavirus cases in the country, delays in development and obtaining permits, delays in financing, and supply shortages
Dermody says advanced manufacturing buildings in Fremont such as 44370 Christy St. provide manufacturing companies in the Silicon Valley with functional and affordable buildings as tech continues to grow.