Industrial

RUTHERFORD, NJ—Commercial brokerage firm Savills reports it has launched a new specialization that will be focused on property disposition services.The…

Specifically, the retail sector experienced the greatest cap rate compression by four basis points to 6.23%. Moreover, this was the first quarter of downward cap rate movement for the retail sector following five consecutive quarters of upward movement.

Commercial brokerage firm JLL reports that Whitley Capital expects to break ground on the first phase of the project in early 2020.

Warehouse construction on the West Coast is at it highest levels in decades, and the Inland Empire is leading the region.

According to a report released by commercial brokerage firm Cushman & Wakefield, the statewide industrial vacancy rate hit a record low of 3.3%, while asking rents ended the second quarter at $9.27-per-square-foot), a record-high.

The investor buys a 264,000-square-foot industrial distribution center in Westminster.

Katy Young, managing partner of Ad Astra and the current president of the National Cannabis Bar Association, recently shared insights into leasing retail space for cannabis use in this <b>EXCLUSIVE</b>.

Splitting the big-box warehouse facility into two units generated 15% to 20% higher rents than a single-tenant.