Industrial

The strongest driver to job growth is, of course, the tech sector and the San Jose MSA unemployment rate tumbled further in 2018, closing at 2.5% from 3.1%, compared to the higher national rate of 3.7%.

From Los Angeles to Phoenix and Las Vegas, data center demand seems to be rising everywhere—but how do the markets stack up?

Herrera tells Globest.com the specific market dynamics that are keeping South Florida in such high demand with local, domestic and international players and what investors can expect in 2019.

Life Science employment in San Diego is double the national average at 13.5%, and venture capital investment is fueling more growth in the industry.

Patrick Kearney has been responsible for the acquisition, disposition and development of more than 35 million square feet and $8.5 billion of commercial and residential property.

Chicago remains one of the largest data center markets in the nation, boasting the fourth-largest capacity in the nation at 243 MW, says CBRE.

“Building a stronger, fairer New Jersey economy requires taking an innovative approach to community revitalization that acknowledges economic prosperity and environmental sustainability are not competing goals but mutually reinforcing ideals,” says Governor Phil Murphy.

Late last month, Bridge Development Partners acquired the 304,428-square-foot complex from Sherm Realty Corp., an affiliate of Weston, FL-based Apotex Corp. for $38 million.