Industrial

Real estate operators and insurers are trying to keep pace with the evolving cannabis industry and corresponding jargon crucial to operating their businesses.

This is the second newly completed Broward County industrial project sold by builder Bridge Development Partners this year.

Transwestern reports that average asking rents for industrial space in New Jersey rose to $8.59-per-square-foot, marking the largest quarterly increase since the fourth quarter of 2018.

The Houston Q3 market showed plateauing office concessions, a record year of industrial deliveries, retail dominated by medical office facilities and multifamily exhibiting strong fundamentals, says a JLL report.

The firm's latest quarterly reporting shows strong portfolio performance as a supply-demand imbalance continues in Southern California.

Among the changes to the $30 million in grant funding include making some funding available to potential cannabis dispensaries and related companies that are considering locations in qualified South and West side investment areas.

The tariffs and trade disputes are impacting the industrial market, but overall, the industry is absorbing the issues with little negative effects.

The venture will seek to acquire Bay Area value-add and opportunistic investments in office, R&D, residential and mixed-use, and the infusion means it can respond to those opportunities with remarkable speed.