Real Estate

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.

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.