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At a sale price of $275 million, Cupertino-based developer Hunter Properties recently disposed of Phase I of Coleman Highline, a 1.75 million-square-foot mixed-use campus.
Many lenders are facing substantial headwinds and as a result, underwriting criteria has become more conservative as a need for adjusting strategies comes about in a post-pandemic environment.
Factors like the nature of the items fulfilled, the delivery level of service, availability of capital and variability in throughput can help determine whether an investment in automation makes sense.
Fort Capital recently closed the sale of an 18-building light industrial portfolio totaling 606,889 square feet across DFW and will continue to focus on class-B multi-tenant light industrial assets in core markets in Texas.
As retailers and manufacturers increase safety inventories and diversify supply chains, strategically located distribution centers will continue to be vital.