Industrial

The three distribution/logistics centers will measure 248,625 square feet, 247,380 square feet, and 245,616 square feet.

At 4% on average, industrial assets have the lowest cap rates in Southern California, followed by multifamily.

Demand for cloud services, social media and other needs has sparked a building boom

The biggest constraint toward moving forward on new projects is land availability.

"Our expertise lies in identifying and rejuvenating distressed properties, creating a viable asset where there was formerly an obsolete property,” says Terry Frassetto, Saddleback president.

The building is scheduled to be completed before the end of the year and will be the largest industrial facility ever constructed on speculation in Northeastern Pennsylvania.

An environmental and business advocacy group's reseach report says an offshore wind farm would create 4,000 jobs and add $730 million to New York's economy.

Houston industrial remains strong, both from the perspective of tenants and institutional investors, driven by job and population growth, as well as a stabilizing oil and gas sector and related industries.