New equity sources are pouring into the big-box industrial sector, expanding an already crowded field.
While all types of industrial real estate continue to rank highly on many acquisition wish lists, there has been a particular uptick in the demand for big-box industrial assets. Today, all types of investors are looking at industrial big boxes warehouse/distribution centers that contain 200,000 sq. ft of space or more of space including domestic and foreign pension funds, public and non-traded REITs, sovereign wealth funds, private equity funds, family offices and high-net-worth individuals (HNWIs), according to Jack Fraker, vice chairman and managing director of capital markets with real estate services firm CBRE.
Newly constructed Class A industrial facility in Fort Worth trades hands rejournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rejournals.com Daily Mail and Mail on Sunday newspapers.
The Sale of this Massive Warehouse Adds to Hugely Impressive First Quarter
Plus: High-profile Addison shopping center changes hands, an investment firm moves its headquarters to Tower Plaza of the Americas, and more.
Interstate Crossing, a newly constructed, 1,023,488 square foot distribution facility in Fort Worth, has sold. According to CBRE’s U.S. Industrial & Logistics Figures for Q1 2021, the industrial market shows no signs of slowing down. Companies are leasing space at a historically robust pace to accommodate the large increase in e-commerce sales. Nearly 100 million square feet was absorbed in Q1, the third-highest mark on record.
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A huge Fort Worth industrial hub that’s leased to Amazon has been purchased by a real estate investment trust. The Interstate Crossing distribution center.
Meet the Finalists: Young Professionals From C&W, Strive, SRS Real Estate, HPI, Holt Lunsford Commercial, CBRE, and Woodbine Development
Seven emerging leaders share their thoughts on career strategies, mentors, how they aim to influence change, and what has them most excited about the future.
On April 28,
D CEO will reveal the winners of its 2021 Commercial Real Estate Awards program. Leading up to the big event, we’re featuring all 83 finalists (51 projects and deals and 32 professionals), one category at a time. Today, we’re sharing excerpts from interviews with seven honorees in the Emerging CRE Professional category.
Robbie Baty
Cushman & Wakefield