Industrial

With limited supply and dynamic demand, industrial rents are expected to increase as much as 10% in the next 12 months.

Although much of DCT's portfolio lies in the West, it also has a significant presence in Chicago and other Midwest regions.

Parc Air 59 will provide class-A last-mile industrial product to the underserved residential growth along the 59 corridor in Humble, which offers a competitive tax advantage over surrounding municipalities.

Struggling retailers are vacating warehouse leases that supplied brick-and-mortar locations, and it is helping to bring supply back onto the market.

Investors have noted that vacancy rates are at historic lows, and rental growth has outpaced other sectors.

Demand drivers for data centers in Texas include a thriving economy, generous tax incentives, cheap energy prices and a large educated workforce, GlobeSt.com learns in this <b>EXCLUSIVE</b> .

Prologis CEO Hamid R. Moghadam says the two portfolios are highly complementary.

The 120-acre Smoky Hollow district will become a hub for tech and creative businesses.