Industrial

In its latest report, Moody's Analytics says there is good news and bad news on several sector fronts.

Amazon.com has committed to 11 million square feet in 10 buildings. Inking 7.2 million square feet in new leases, and accounting for 51 percent of the total new leasing volume for the quarter.

The timing for Empire West could not be better given the location, the surge in e-commerce related warehouse demand and the Houston region's continued population growth, which recently eclipsed 7 million people.

REIT indices for cold storage, self-storage, data centers and life sciences have outpeformed all-property indices in the US in the first six months of 2020.

The multiple projects that VanTrust is kicking off in Texas speak to the volume of e-commerce and logistics demands across the country and each market has its unique role in the supply chain.

The financing, arranged by Cushman & Wakefield, will be used to develop Logan North Industrial Park's first two properties, comprising 1.3 million square feet.

The landlord company has secured a tenant for the multi-tenanted, Medley 104 industrial center, following a $6.5 million renovation.

Big box demand helped drive positive net absorption and increasing asking rents in the Inland Empire during the second quarter.