Industrial

More than 1.4 million square feet of inventory has been converted to data centers since 2008 in the region. The pace of conversions has averaged 273,725 square feet since 2015, chipping away at nearly 2% of supply each

The Southern California industrial market is among the tightest in the country, and even the new supply under construction won't be enough to satisfy the demand.

JLL arranged the land sale to construct a 203,488-square-foot distribution and warehouse facility on the site.

Warehouse wages are rising healthily throughout Southern California, except in the market that is quickly becoming a warehouse capital.

Dermody's acquisition of Fremont Center is consistent with its strategy of acquiring value-add, functional, in-fill logistics and light manufacturing assets in tier 1 markets such as Fremont.

Private capital has been the most active buyer type for 2018, comprising 74% of Austin's total sales volume, followed by cross-border buyers at 14% and institutional investors of the remaining 12%.

Cargo volumes fell for the second month in a row in August, with the declining activity stemming from cargo alliances.

The new group will span 10 regional markets in the U.S., Canada, Mexico and Europe and comprise 17 Avison Young leasing professionals.