The current high price tags for industrial real estate don’t seem to be discouraging investors. While total investment sales volume in the sector decreased year-over-year in the second quarter, individual asset sales were up 2.7 percent over the second quarter of 2018, according to a report from real estate services firm CBRE. Total sales volume for industrial properties year-to-date was up by $10.6 billion. With current transactions in the works, this year will likely set a

Industrial rents have hit a new record. According to research from NAI Capital, industrial rents in the popular L.A. submarket are up 16.4% year-over-year to $0.84 per square foot. Rents are increasing rapidly. Quarter-over-quarter, rents have increased 7.7% quarter-over-quarter. The rapid increase in rents have fueled development activity. The new construction pipeline is 1.5 million square feet, an increase of 43.9% over last year. Read more here https://www.globest.com/201