Industrial

A roundup of recent deals, leases, executive moves, and other news from the past week.

“Universally, there is a serious lack of new product in the market,” says NAI James E. Hanson's Kenneth D. Lundberg. Listen to our exclusive audio interview with Lundberg about industrial sites in Northern Bergen County.

A possible softening in both multifamily and office sectors has gotten more investors and lenders interested in the higher yields possible with industrial properties.

Industry leaders need to nurture a new generation of trained workers.

Buying self-storage properties with a significant in-place income and a poor implementation of management strategy is by far the most favorable on a risk-adjusted basis, according to Hunter Thompson of Cash Flow Connections.

As the year winds to a close, it ends with significant activity in Silicon Valley and GlobeSt.com has learned of several significant recent transactions that are contributing to the ongoing stimulus underway there.

Proposals included preserving and improving the state's incentive programs, standardizing local land-use procedures, creating sites for industrial projects, and expanding successful efforts to streamline environmental regulations.

There is the possibility, however, that supply will outrun demand in 2018.