Industrial

The new warehouse is strategically positioned to allow Overstock to offer two-day ground shipping to more than 99% of customers in the contiguous United States.

“The Lehigh Valley has emerged as a new source for companies with large space requirements that also benefit from proximity to the region's major consumer bases,” says Brandi Hanback of the Rockefeller Group.

"The lease at 2 Clarke Drive not only met Experic's current size needs, but offers enough room to accommodate the company's expansion,” says Cushman & Wakefield's Todd Elfand.

Through the end of the third quarter, Global Net Lease combined pipeline of closed and scheduled to close 2018 acquisitions increased to $401 million.

The Koll Company and Seera Investment Bank B.S.C sell a 1 million-square-foot industrial facility in Phoenix for $98 million after buying it in 2016 for $75 million.

All sectors of the industrial sector, including distribution and manufacturing, are exhibiting real strength in the metro area.

The portfolio includes 23 properties in Missouri, 10 in California, six in Arkansas and two in Nevada, all of which represents nearly the entirety of the company's operational real estate.

Demand continues to outpace the the new supply of speculative space.