Industrial Big Box Leasing Is On a Tear
2024 could be the third-highest year for industrial big-box leasing, CBRE projects. Even though a spate of new construction in 2023 brought a record 413 million SF to market, it expects that abundant supply to be short-lived. “Investor sentiment has significantly improved from last year as industrial operating fundamentals remain solid and the credit market […]
Self-Storage Owners Expand Portfolios, Renovate Existing Properties
Nearly one-fifth of Americans rent self-storage space, according to a recent study conducted by StorageCafe, an online platform that provides storage unit listings across the nation. Owners and operators of the property type are keen to capitalize on the strong demand. According to StorageCafe, the total amount of new storage space delivered in 2023 reached 49 million […]
Agora Real Estate Group secures another 56,000 SF Lease in Medley
Elias G. Patsalos, CCIM from Agora Real Estate Group represented their logistics client in leasing close to 56,000 SF in Medley. Working alongside Will Falero from Colliers and their client, Patsalos successfully closed this transaction. For assistance with industrial property leasing, selling, or purchasing, please contact Agora Real Estate Group at +1 (305) 804-9154 / […]
Agora Real Estate Group Secures 51k Sq. Ft. Sublease in Medley
Elias Patsalos from Agora Real Estate Group in close collaboration with Wayne Ramoski of Cushman & Wakefield represented their logistics client in subleasing approximately 51,510 square feet within the Prologis Miami International Tradeport Industrial Park in Medley. For further inquiries, please contact Agora Real Estate Group at +1 (305) 804-9154 / info@agorare.com
Interest Rate Hikes Temper US Industrial Madness: Report
The once-crazed national industrial real estate market is taking a “collective deep breath” and calming down, new data shows. The Federal Reserve’s interest rate hikes the past 18 months have significantly slowed the pace of new construction, normalized the level of investment sales, and tamed leasing activity in the United States, according to the latest […]
