With ample land available for development and relatively low construction costs, users in the Phoenix industrial market often decide to build their own facility instead of leasing space in existing properties. However, leasing activity in existing… Read More
Warehouse market conditions are healthy, yet construction is increasing across the nation. Vacancies may fluctuate in some markets as leasing activity plays catch-up with new supply.
JLL’s ‘Big Box’ Outlook explores this across markets and size segments to make conclusions on what the future holds for U.S. industrial real estate.
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Choice, cost and competition influence real estate decisions for both landlords and tenants. JLL’s new Big Box Velocity Index (‘BBVI’) attempts to plot that on the supply-demand-curve.
Find out how US markets stack-up to one another and where tenants have options.
According to the report, Phoenix helmed the top-spot for Tier II markets based on a handful of active requirements for… Read More