According to Grubb & Ellis research, the national market will absorb 110 million sq. ft. of space this year, up from 34 million sq. ft. a year ago
Jones Lang LaSalle reports that transaction volume for industrial real estate is up year-over-year and that $17.8 billion in deals were made in the third quarter of 2011. Analysts expect this high level of activity to continue through 2012 as more sellers come into the market. Much of the deal-making will continue to be made by large institutional owners in large distribution markets, but activity is expected to be bolstered by healthy activity in second-tier markets by investors seeking value. Slowed construction and decreased availability have stoked demand for industrial real estate, making this year’s third quarter the strongest since… read more
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