According to the data:
The current annualized rate of growth (4Q2010) is 1.24 percent, which is in line with the historical average of 1 to 2 percent.
Prior to 3Q2010, industrial space demand had been in "contraction mode" marked by seven consecutive quarters of negative demand for industrial space. In 4Q09, demand declined at an average annualized rate of 1.2 percent, which was below the rate of decline in the prior quarters of 2009.
The two main variables used in the calculation - Purchasing Manager Index and Index of Manufacturing Output (see below for details) - are strong and suggest...
A great article on Industrial Real Estate. We agree with CBRE. Industrial Real Estate will rebound very fast. The Prologis/AMB merger will create some great opportunity as they reposition their global portfolio. CAP rates will compress as long as interest rates stay low.
To explore the topic of investing in industrial real estate we need to take a look at the sector's recent performance and the trends that are evolving and emerging in 2011. U.S. industrial investment transaction volume in 2010 was $18.9 billion which represents a 77% improvement over 2009 but it is still 65% below the average...
The formal vote comes amid a gradual change by the giant pension fund after losing 42% of the value of its real estate portfolio during the recession.
Marc Lifsher, Los Angeles Times
February 15, 2011
Reporting from Sacramento —
After losing 42% of the value of its extensive real estate portfolio during the recession, the state's biggest public pension fund has approved a formal plan to pursue a less risky investment strategy.
Board members of the $229-billion California Public Employees' Retirement System endorsed a plan to shift away from residential properties, raw land and highly...
ING Lends $42Mln for 4 Industrial Properties
Wednesday, 02 February 2011
ING USA Annuity Life and Insurance Co. has provided $42 million of financing for four industrial properties that were recently purchased for $91.8 million by Industrial Income Trust.
The loan matures in 2040, but is expected to be repaid in 2020. It carries a rate of 4.81 percent and amortizes over a 30-year schedule.
The four properties that serve as collateral are:
- an 842,000-square-foot building in Hagerstown, Md., that is fully leased through 2016 to Home Depot, for which the REIT paid $41.2 million;