Updates and projections for commercial real estate’s hottest sector were discussed at the recently held NAIOP I.CON East industrial real estate conference, with more than 1,200 leaders attending from around North America.
There are five multistory properties under construction right now with roughly 5.3M SF of industrial space combined that have no announced leases signed.
As senior vice president for Duke Realty, Stephanie Rodriguez oversees a portfolio of industrial properties in South and Central Florida, a geography with limited space and shrinking new development options. “We’re all fighting over the same pieces of dirt,” Rodriguez said during a May 12 Bisnow South Florida Industrial Update event. “Industrial is the darling of the real estate
Players in e-commerce are rapidly changing the way Class A warehouses are configured with tenants seeking taller ceilings, larger trailer parking and more docks per unit. CLICK ON THE HEADLINE FOR MORE
Dense urban markets where land zoned for industrial is in short supply and property values are at a premium are candidates for vertical warehouse construction, say industrial brokers. CLICK ON THE HEADLINE FOR MORE