Category Archives: Industrial

Canadian Commercial Real Estate Investors Heading South to Buy or Lease

Recovery has been very slow in the United States commercial real estate office and industrial markets, but falling vacancy and limited new development, from constrained construction financing, should push rents up in 2014.  This will make the U.S. market more attractive to Canadian investors. Canadian markets have slowed because of overbuilding and weaker demand although…

Los Angeles Commercial Real Estate Construction jobs up sharply

The Los Angeles / long beach area added more real estate construction jobs than any other metro in the country with the exception of Atlanta. The 8% increase places Los Angeles mid pack in rankings but in raw numbers, 9,100 new jobs was more than any other metro except Atlanta, which added 10,500, a 12%…

2013 Commercial Real Estate Review

It’s that time of the year again when everyone and their mother posts their yearend review for 2013 and/or forecast for next year, 2014.  I’m not going to do that, but instead linked is Deloitte’s 2014 commercial real estate forecast, which is long, detailed and usually fairly accurate.  I will summarize and editorialize a bit…

Commercial Real Estate posted solid gains in 2012 as recovery spreads to more markets.

According to CoStar News, sales of commercial real estate in the United States reached $64 billion last year, which is the highest since 2004 and increased 22 percent from 2011. The price gains spread beyond multifamily into industrial, office and retail.  Even commercial land showed signs of awakening mostly due to demand for multifamily with…

West Coast Commercial Real Estate Recovery Strengthens.

The recovery is spreading west, which had been a deeply affect region of the country by the residential housing collapsed combined with the deep recession. There has been a few technology and/or energy based markets in California and Texas that have done well over the last couple of years and that strength is broadening to…

Big Week For Industrial Real Estate

It was just announced by Mark Heschmeyer at CoStar News that Blackstone, DRA Advisors and AEW Capital invested in large industrial portfolios valued at a total of $1.5 billion.  That’s over one third of all industrial sales completed this year. The industrial segment has been healing nicely this year with vacancy falling almost a full point…

Strong Comeback for Commercial Real Estate

It’s back!  Business is cranking again and the phone is ringing.  CoStar news reports that the dollar volume of commercial real estate transactions are back up to historical long term average and that’s with a lousy third quarter 2011, due mostly to the debt limit impasse  That’s a total of $291.6 billion last year, which…

New Data Shows Broad Gains in Commercial Real Estate Construction

According to Randyl Drummer at CoStar News, non residential commercial construction posted a 4.5% gain in November over same month last year.  All segments showed solid gains. Residential commercial construction starts for apartments resulted in the strongest monthly performance in 18 months. According to Randyl, manufacturing expenditures on new construction was up 12.6% over last…

1031 Uplegs – Triple Net, Single Tenant, Corporate Lease Retail

Second video in my series regarding 1031 uplegs and replacement properties.

Warehouse Sector Continues to Strengthen

OLYMPUS DIGITAL CAMERA

Top retail and office properties have been bid up over the last year to the point where it makes sense to find another commercial real estate alternative.  That possibly can be industrial where leasing has been healthy, but not to the point where it doesn’t make sense anymore.  I think this sector is the next stop on…