Justin Magazine

📈 Fascinating insights on the U.S. industrial market from CoStar Group. In April and May 2024, new industrial leases surged by 30% year-over-year, marking the first major quarterly increase in three years. Dallas-Fort Worth stands out among the leaders, driven by diverse tenants like third-party distributors and EV component manufacturers. This rise in leasing activity highlights the region's dynamic growth and pivotal role in the industrial sector. As businesses upgrade to state-of-the-art facilities, DFW's strategic importance continues to grow, underscoring its attractiveness for innovative logistics and distribution operations. 🚀 #IndustrialRealEstate #DallasFortWorth #Leasing #Logistics #Growth https://lnkd.in/gd5d3BYR

11

 Among the top 25 markets, Houston saw the highest year-over-year increase in occupancy, rising 8 percent to 57.1 percent, while RevPAR increased 18.5 percent to $65.62. CoStar Group Read more- https://lnkd.in/gPiBiRHp #USHotelPerformance #CoStar  #RevPAR #ADR #OccupancyRates #HotelTrends #HotelMetrics #HospitalityInsights #HotelMarketTrends #TravelAndTourism #HotelRevenue #HotelOccupancy #YearOverYearGrowth #HospitalityData #LodgingTrends #HotelAnalytics #MarketPerformance #HotelDevelopment #HotelDemand #HospitalityForecast #HoustonHotels #DetroitHotels #HotelsInBoston #KeyMetrics #HotelIndustry

1

Junction Commercial Real Estate is pleased to announce the sale/disposition of Southeast 45 Logistics Park, a 169,677-square-foot, Class- A, industrial distribution building on 11.83 acres in southeast Houston, Texas. At the time of sale, the property was fully leased to a third party logistics group. “Congratulations to all parties involved. It was a total team effort to transact on this successful development. Hats off to our development, construction management and brokerage teams. Incredible job,” remarked Reed Vestal, SIOR, CCIM, Managing Partner of Junction Commercial Real Estate. Nathan Wynne and Elliott Dow of CBRE National Partners brokered the transaction and sourced the buyer, a private nation-wide investment firm. “Quality new construction located in infill locations is experiencing high investor demand in today’s market, and rightfully so. With its proximity to I-45 and Beltway 8 in Houston’s top performing Southeast submarket, Southeast 45 Logistics Park offered the investor a single tenant cash flowing asset well-sized sub 200,000 SF in a submarket where we are seeing the most dynamic rent growth and highest barriers to entry for development,” said Nathan Wynne of CBRE National Partners. Full Release: https://lnkd.in/dtZ5-42f #Junction #JunctionUSA #JunctionCRE #JunctionPE #JunctionDevelopment #Houston #Texas #InvestWithJunction #CommercialRealEstate #RealEstate #IndustrialRealEstate #HoustonPrivateEquity #HoustonCRE #IndustrialBrokerage #Southeast45LogisticsPark #ForLease #ConstructionUpdate #IndustrialDistribution #DistributionDevelopment #IndustrialDevelopment #PortofHouston #TiltWallConstruction #Logistics Troy Rucker, Luke W., Eric Oliver, Marshall Clapp, John Erck, CCIM

33

Delve into the most impactful stories shaping DFW's #cre scene! From major developments to market trends, stay informed about the latest in the industry. https://firstam.us/439Gd6v #DFWRealEstate #markettrends

5