Industrial

"Looking ahead, most management teams expressed guarded optimism" about the economic and operating outlook as the economy re-opens slowly and the COVID-19 pandemic eases to some extent, Mizuho reported.

Before completing a sale/leaseback, a company needs to evaluate the asset and decide where it will allocate the proceeds.

We've had a rough start to 2020 (to say the least), but we can see some light and our summer months will be a true tell of how the economy will shake out moving forward.

There was only one metric that got worse from April to May: The number of respondents who see delays in financing. Otherwise, coronavirus impacts on projects got slightly better for every metric that the survey measured.

"From what we've seen in the CMBS world, it's only the tip of the iceberg."

The Wylie class-A self-storage facility was an opportunistic investment for Trez Capital's growing portfolio with Hines and it also fits with Hines' strategy to acquire visible properties in rapidly growing cities such as Wylie.

The three off-market transactions, completed within one week, add 1.78 million square feet to the company's portfolio.

The firm says that industrial is the shining star during the pandemic, and will continue to look for opportunities to expand in Las Vegas.