Industrial

During these unprecedented times, as consumer behaviors and lifestyles were altered and companies adjusted supply chain strategies, US seaports had to adapt, says the Colliers Industrial US Seaport Outlook.

"The pie has gotten smaller, and COVID-19 certainly has shrunk that pie further."

The Chicago-based company has hired two industry professionals to lead the new division's investment activities.

As always, our selections are not based on sheer numbers—who closed the most deals, for example, or racked up the highest deal volume. Rather, we look for the people, teams and organizations that have that skill and expertise and who made a mark in the past twelve months in this category.

CBREs Weekly Take podcast delved into the world of the industrial sector with two experts in the field.

As a design evolves, it is important to routinely take a pulse check to ensure that project goals including budget are still being met, says Carlo Torrano, a licensed architect and a project manager for Bradac Co.

In one of the deals, the REIT acquired a newly-built facility in Florida for $25 million.

Industrial assets, everything from warehouses and distribution to manufacturing, is the most sought-after asset in the current market.