Real Estate

While the United States warehousing market currently has quite a bit working in its favor in the form of things like tight vacancy rates, strong absorption rates, and rent levels, in some ways it is also a victim of its own success, due to the ongoing strength of e-commerce. That was one of the main takeaways from a report from commercial real estate firm CBRE, which observes that a high percentage of U.S. warehouse inventory is outdated and not...

Report details a strong 2017, zeroing in on industrial vacancy rate and rents.

Chicago-based industrial real estate firm JLL said in its “First Look at Industrial” report for the third quarter of 2017 that market indicators continue to see significant increases. One example of this is for rent, which JLL said are being paced by a combination of an increase in warehouse and logistics absorption and “persistently low” market vacancy. Third quarter rents checked in at $5.40 per square foot, which JLL said is an all-time high.

Recent data issued by industrial real estate firm CBRE in its U.S. Industrial Availability Index continues to highlight the decline of the average availability rate for United States-based warehouses and distribution centers, with the third quarter rate heading down ten basis points to 7.7, its lowest availability rate going back to 2001.

While many key market themes remain intact as they relate to the industrial real estate market, there are also some apparent changes according to the May edition of CBRE’s “Americas Industrial & Logistics Trends Report.

As e-commerce growth and demand goes, so goes the increased need for e-commerce fulfillment centers and distribution centers, according to the debut issue of the Global Prime Logistics Rents report recently issued by global commercial real estate firm CBRE Group Inc.

Coming off of a record-breaking 2015, 2016 looks to be another banner year for supply chain real estate occupiers and investors, according to a logistics survey report recently issued by industrial real estate firm JLL. In its second annual Global Logistics Sentiment Survey, JLL culled feedback and opinions from 659 global logistics market experts on key property sector performance indicators by taking a look at the last six months and their expectations for the next six months.

According to a recent study by Prologis Research, evolving trade patterns, along with advances in technology and the expansion of e-commerce, reinforce the value proposition of core market locations.

Supply chain managers are becoming increasingly aware of “location, location,” said spokesmen for NAIOP, the Commercial Real Estate Development Association.

A new report from global real estate firm Jones Lang LaSalle (JLL), entitled “China50: Fifty Real Estate Markets that Matter,” said that while China’s economy is strong, there is a significant under-supply of quality logistics-related real estate space.

Bastian development integrates real estate, logistics, and material handling

Although the economy is far from recovered, the industrial real estate market is taking positive steps, according to a report issued by global real estate firm Jones Lang LaSalle.