Your source for construction industry news in the Carolinas
2023 Buzzwords: Interest Rate, Inflation, Credit Conditions, Construction Pricing, Uncertainty, Downward Pressure, and a new one that is emerging – slowdown… The next 12 months will be different from the chaos the industrial market has seen over the past two years. A few takeaways from the Agracel, Inc. Development Team: Vacancies are inching up [from 3.9%…
What is your outlook on the market in the next 12 months? As for the industrial real estate market (IREM), it has performed very well over the past few years and will continue to do so in 2023, just at a slower pace – not quite a tortoise’s pace, but not a hare’s pace either. …
The industrial real estate market showed signs of slowing after an unprecedented expansion, according to the latest NAIOP Industrial Space Demand Forecast, released today. According to the report, “amid lower pressure on global supply chains, increasing inventory carrying costs, a cooling economy, and a decrease in the rate of e-commerce expansion, retailers and logistics firms have…
What Are You Most Excited about for 2022? “Lyons Industrial Properties/CORFAC International strives to be one of the top industrial brokerage firms in our industry by creating an excellent customer service experience. In fact, we just opened a Greenville office in addition to our Spartanburg location and we now have five industrial professionals in our firm. We are excited…
In the third NAIOP survey tracking the commercial real estate industry’s response to the COVID crisis, the industrial real estate sector showed significant gains in new redevelopment/redevelopment, building acquisitions and deal activity. Industrial real estate remains the strongest sector (compared to office, multifamily and retail) for reported activity, with the share of respondents observing new…
