

Will 2019 Set a Record for Industrial Real Estate Sales?
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


L.A. Industrial Rents Hit Record Highs
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