Industrial

The combined company brings together two complementary portfolios, increasing the size, scale, and diversification of the new entity.

Forecasts for commercial real estate prices in 2020 and 2021 are expected to fall below the long-term average growth rate for the first time since 2011.

An vehicle auction company snags 51 flat acres in Otay Mesa, the latest in the development frenzy in the market.

Harmsen will be actively involved in the InNOVAte 2019 Challenge, an accelerator program, and Greentown Labs, the largest cleantech incubator in the US, with the goal of developing innovative technologies to disrupt the built environment value chain.

Industrial construction activity increased in Phoenix in the beginning of the year as vacancy declined.

Upon completion of the buildings in late 2019, there will be 43 buildings in CenterPoint totaling approximately 10.7 million square feet.

The firm is acquiring three buildings totaling 409,000 square feet, a redevelopment totaling 120,000 square foot and 72 acres for the development of 528,000 square feet.  

Southern California is seeing a steep increase in foreign industrial investment, thanks to strong returns.