Industrial

The CBRE report states that life science companies occupy approximately 30 million square feet of lab space in Greater Boston with more than 4 million square feet of space in the development pipeline.

As concern spreads regarding Coronavirus disease 2019 a.k.a. COVID-19, facility owners and operators across most industries are in need of guidance…

IIP entered into a long-term, triple-net lease agreement with a subsidiary of Parallel, which intends to continue to operate the property as a regulated medical cannabis cultivation and processing facility.

The deal for the 350-acre campus also features a sale-leaseback component with Deerfield, IL-based Caterpillar Inc. The construction equipment manufacturer plans to keep approximately 500 of the company's employees on site and will lease back an office building along with a portion of adjacent industrial space.

Dealpath received a strategic investment from Blackstone, and the partnership provides Dealpath with industry experience and expertise from Blackstone's real estate and innovations teams.

Due to the lack of new class-B supply paired with a high demand, Fort Capital believes well-located flex products such as the three it recently acquired will be increasingly attractive and cost-effective alternatives.

The spread between Inland Empire and Orange County industrial rents has narrowed to just $0.10.

Demand for real estate investments remains high, with multiple sources of active capital, but cross-border investment is likely to slow in the short term and the scope will depend on how the disease evolves.