“While the boom in industrial real estate development has been well documented this year, the subsequent boom in industrial land has largely gone unnoticed. Even so, there can be no development without land, and that land is becoming scarcer and more expensive. Since last summer, the average price-per-acre value of land purchased for industrial development has increased 36% (Connect National). With the commodity price index for all commodities up 20% from a year ago (St. Louis Federal Reserve), new industrial properties are becoming increasing more expensive to develop. However, this is good news for established landlords looking to take advantage of a rare opportunity.”  -Adam Abushagur

 

I N D U S T R I A L   N E W S

Industrial Development Boom Faces Growing Issue Of Land Constraints
Connect National – September 24, 2021
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Reshoring Surges As Supply Chain Snarls Live On
Bisnow – September 22, 2021
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How Transport’s ‘Rule of 1.5’ Is Driving Soaring Demand For Warehouse Space
Globe St. – September 22, 2021
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Industrial Net Lease Assets Are Red Hot, As New Buyers Enter The Sector
Wealth Management – September 20, 2021
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Industrial Demand Will Continue To Boom Through 2026
Globe St. – September 28, 2021
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R E G I O N A L   N E W S

Three Of The Nation’s Largest Industrial Projects Built In 2021
So Far Are In The Chicago Area
ReJournals – September 28, 2021
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Chicago Industrial Real Estate Sales Far Outpace 2020 Figures
The Real Deal – September 24, 2021
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Dalfen Industrial Acquires 146 Acres Of Land For Austin Industrial Development
Cision – September 22, 2021
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GCP Lands $250M Industrial Portfolio Loan
Commercial Property Executive – September 27, 2021
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1-Million-Square-Foot Spec Warehouse Coming To Gateway
Tradeport In St. Louis Market
ReJournals – September 29, 2021
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