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Avison Young: Industrial construction keeps soaring despite rising materials costs Amazon continues to fuel the industrial market. Consumers were flocking to online shopping before COVID-19 hit. Now, as the pandemic appears to be winding down, even more have embraced the simplicity of ordering groceries, clothes, electronics and more online. And these consumers want their products to show up at their doors as quickly as possible. This has fueled an industrial boom that has held strong throughout the pandemic. According to a new report from Avison Young, this has led to an equally strong increase in industrial development, one that doesn’t look ready to slow anytime soon. ....
Avison Young report: Indianapolis industrial market poised for another big year Amazon continues to gobble up industrial space in the Indianapolis market, including at this facility in Whiteland, Indiana. This year should be another strong one for the Indianapolis industrial market, according to the latest research from Avison Young. According to an Avison Young Investment Review released in late April, a continued rise in online sales during the COVID-19 pandemic will continue to fuel industrial growth in Indianapolis throughout the rest of 2021 and beyond. During the first quarter of 2021, 13 industrial properties totaling 2.9 million square feet sold in Indianapolis. During the last four quarters, industrial property sales here totaled 14.4 million square feet and $1.08 billion, acording to Avison Young. ....
Acquisition of Kansas City’s Perimeter Park Commerce Center Asset Marks Early Success for Sealy & Company January 18, 2021 07:26 ET | Source: Sealy & Company Sealy & Company SHREVEPORT, Louisiana, UNITED STATES Dallas, TX, Jan. 18, 2021 (GLOBE NEWSWIRE) Sealy & Company, a fully-integrated commercial real estate investment and operating company and recognized leader in the industrial real estate market, announces the acquisition of a Class A distribution warehouse totaling 99,704 SF in Kansas City, Missouri. The transaction was made for an undisclosed amount. Built in 2019, this newly constructed asset is the final to be developed in the Perimeter Park Commerce Complex, marking a unique opportunity for the company to acquire a property with significant barriers to entry and limited competition. With virtually no comparable Class A competition in the most desirable industrial submarket in Kansas City, ....
Press release content from Globe Newswire. The AP news staff was not involved in its creation. Acquisition of Kansas City’s Perimeter Park Commerce Center Asset Marks Early Success for Sealy . Sealy & CompanyJanuary 18, 2021 GMT Dallas, TX, Jan. 18, 2021 (GLOBE NEWSWIRE) Sealy & Company, a fully-integrated commercial real estate investment and operating company and recognized leader in the industrial real estate market, announces the acquisition of a Class A distribution warehouse totaling 99,704 SF in Kansas City, Missouri. The transaction was made for an undisclosed amount. Built in 2019, this newly constructed asset is the final to be developed in the Perimeter Park Commerce Complex, marking a unique opportunity for the company to acquire a property with significant barriers to entry and limited competition. With virtually no comparable Class A competition in the most desirable industrial submarket in Kansas City, Johnson County, this property features moder ....
Work on a more than 760,000-square-foot warehouse in Whiteland is one step closer to beginning. Our partners at the Daily Journal report the Whiteland Town Council has approved a $3.3 million property ....