Industrial

Right now investors are watching events closely but taking a wait-and-see attitude, says Colliers' Pete Quinn. Meanwhile the technology for the facilities themselves is rapidly advancing.

Most major Texas MSAs continue to record net population growth and job growth, which help to drive good storage returns, making the Texas self-storage market a good long-term bet.

“Our expansion into Northern New Jersey is an important part of our overall acquisition strategy, which is focused on increasing our holdings in Tier I distribution markets," says Mark Crawford, vice president of acquisitions and dispositions for Duke.

Investment activity slowed 10% altogether in 2017, but some asset classes fared better than others.

Huge class A buildings occupied by the likes of Amazon have popped up all over, but fewer groups are working on the smaller buildings needed to complete deliveries.

Speculative projects are waiting to sign new tenants in anticipation of rapidly increasing rents, thanks to a sub 2% vacancy rate.

This purchase, from FRP Holdings, is the second industrial portfolio acquisition Blackstone has made this month.

Investors ranked Houston as a top five target for investment among US metros, whereby 88% of investors plan to either maintain or increase spending in 2018—up from 83% in 2017.