Global Industrial Rents See Continued Growth Logistics operators and retail distributors drive occupier demand Los Angeles, December 1, 2011 – Global industrial rents have continued to grow, according to new research from CBRE, as a lack of significant new development has fueled global growth in prime industrial rents in 2011 and will underpin continued [...]
Tejon Ranch Company and Caterpillar, Inc. issued separate press releases on Monday announcing Caterpillar’s decision to purchase 46 acres in Tejon Ranch Commerce Center for a planned 400,000sf parts distribution facility. TRCC is located at the confluence of I-5 and Hwy 99 about 25 miles south of Bakersfield. Caterpillar is the world’s leading manufacturer of construction and [...]
Amid uncertainty, stability adds value. And in the recently uncertain world of commercial real estate, CBRE demonstrated remarkable stability. Two recent news releases underscore this point. The first is a highly-respected trade publication’s opinion of CBRE, and the second is yesterday’s release of CBRE’s financial performance results for 1Q11. Both are impressive. Here they are: [...]
How’s Industrial Real Estate doing across the country? Well, in general, it’s stabilizing. Here are highlights:
Today, the 1Q10 CBRE National Industrial Sentiment Report, which compiles what all of my fellow CBRE industrial brokers around the country I and are experiencing at our local levels. What’s it say? Over the Last Six Months… Number of Tenants Actually Doing Deals 73% say the number has increased or slightly increased Only [...]
This week marks the 6th Anniversary of Coby Vance here at CBRE’s Golden Empire Industrial Team. Fresh out of CSUB’s School of Business and a top Economics student, Coby interned for two years at Mid State Development Corp., a liaison lender between the Small Business Administration and buyers of business real estate. While there, he [...]
