Net Lease

ATCAP, Brookfield announce acquisition of national logistics portfolio through newly formed venture.

The fully-leased portfolio encompasses 50 industrial properties across 27 states.

The e-commerce giant, which has doubled the size of its logistics network in the past two years, signals it will have a smaller appetite for buying industrial properties and will reduce its reliance on leased warehouse space in 2022.

Facilities are leasing faster than ever.

Chief among them is multifamily household formation.

Though rent growth has moderated, none of the metros Yardi tracks has seen negative street rate growth for either unit type.

The $700 million platform will acquire industrial outdoor storage properties across the US.

However, progress is still tentative and not all signs are immediately hopeful.