Minneapolis Industrial Market Q2 2020:
1) Low vacancy at 4.6%
2) Q2 deliveries total 672,000 sf, 192,000 sf spec, with another 2.9 million under construction
3) Blackstone closed on the 63-property, 6 million sq. ft. CSM portfolio worth $551 million
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The CEO of the publicly-traded industrial REIT discusses the outlook for industrial facilities, Duke’s balance sheet and dealing with natural disasters. #CRE#Industrial
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Advice to our clients: Short term deals with quality tenants in this environment are not negative especially with the potential to extend and/or even expand. #CRE#Industrial
Sale-Leasebacks continue to be a growing trend. The rise of sale-leaseback deals offers investors another option for acquiring sought-after property. #CRE https://t.co/ikmjnQgWbN