Industrial

In this EXCLUSIVE, CCIM's Conway discusses assessing communities' needs for reuse especially in areas with land scarcity in conjunction with his report, "Adaptive Reuse: Turning Blight into Bright".

Sitex will renovate the property's interior and exterior – as it has dozens of other properties in the area – improving functionality and aesthetics to appeal to corporate occupiers.

Mexico's availability of skilled labor and lower wages are attracting manufacturers to head south.

Years of investment activity means that available supply is low, and cities like Columbus and Memphis are seeing benefits.

“The building offers a great mix of office and warehouse space and presented an excellent opportunity for this buyer,” says Jeff Henson of Lincoln Property.

The long awaited project, first conceived in 2000, will being nearly 1 million square feet of much needed industrial space to the Greater L.A. market.

Investors find strength in the northwest Houston submarket as it continues to become more in-fill and with very limited flex product built this cycle, buyers have the ability to underwrite future rent growth.

With the limited industrial supply, owners are opting for quality credit tenants over top rental rates.