NAI Capital Commercial’s Post

Small-Bay Industrial: DFW's Hidden Real Estate Gem Amidst Construction Boom 💎 While Dallas-Fort Worth's #industrial market has been dominated by large-scale developments, small-bay industrial buildings have emerged as a resilient niche. Since 2020, less than 5% of new industrial space has been in buildings of 50,000 SF or less, contrasting sharply with the market's shift towards "big bomber" spaces averaging 200,000 SF in 2023. This scarcity of new small-bay supply has resulted in exceptionally tight availability rates of 6.6% for these properties, nearly half the overall market average. Key submarkets like Redbird Airport and Western Lonestar/Turnpike are leading the small-bay surge with sub-2% availability rates, benefiting from their strategic locations between downtown #Dallas and major #logistics hubs. These areas, dominated by older industrial stock from the 1980s, have cultivated a stable tenant base in #automotive, #manufacturing, #wholesale, and #construction industries. While near-term forecasts suggest a potential increase in vacancies, sustained interest from manufacturers considering DFW for expansions or relocations could help maintain the small-bay segment's strong performance. What's your take on this small-bay industrial trend? Share your thoughts! Are you seeing similar trends in your area? Investors, what's your take? Source: CoStar News 👉 https://lnkd.in/gyajV_dy __________ SRS Industrial Vice President: Joseph Cooper #SRSIndustrial #SRS #SRSRealEstatePartners #CRE #InTheNews #Texas #SmallBayIndustrial

Industrial Market Outlook in 2024 All indications are that the Industrial Real Estate market will remain hot into 2024, though construction deliveries may continue to stagnate demand growth. As e-commerce needs escalate and more specialized industrial spaces become necessary for business operations, industrial will likely continue to see positive absorption. More new supply will add quality space to the market for occupiers and commercial real estate investors to consider, with asking rents remaining steady through the end of the 2023 year. Are you looking to move or invest in the industrial space? Let us help you! Serina Lane Slane Realty Group m: 832-229-0546 e: [email protected] #SlaneRealtyGroup #GetSlane #CREHouston #CRESpring #CRETheWoodlands #BuildingLegacy #KingdomBuilder #SpiritOfExcellence

During the past two years, the industrial sector of commercial real estate has been on fire, marked by incredible demand, low vacancies and record absorption. Data from Q3 2023 showed a slowdown on multiple fronts, primarily due to record supply being delivered and more cautious tenants. Indicators suggest that the industrial sector is downshifting from its record level of activity that has persisted since the pandemic. This is likely due to concerns over the economy and the record supply being delivered, with many investors either pressing pause on executing new deals or are taking much longer to finalize deals as they evaluate all potential outcomes. - Bio: https://lnkd.in/gJihJmJ9 Google Business Page: https://lnkd.in/g95RaEWn YouTube: https://lnkd.in/gMXqxPVJ Instagram: https://lnkd.in/gkHKXrTD Facebook: https://lnkd.in/gBk5DKTd Twitter: https://lnkd.in/g4f-8_aJ TikTok: https://lnkd.in/gBxGEgDx - - - - #PugetSound #TenantRepresentation #LandlordRepresentation #SIOR #CCIM #IAMC #NAIOP #CRE #CommercialRealEstate #IndustrialRealEstate #Industrial #Logistics #Manufacturing #Warehouse #Seattle #Tacoma #KidderMathews #Kidder #SupplyChain #CommercialLand #WarehouseSpace #Warehouse #KingCounty #PierceCounty #ThurstonCounty #Seattle #Tacoma #RealEstate #SupplyChainManagement

While there has been a discernible dip in the volume of industrial leasing activity occurring in the greater Baltimore metropolitan area this past year, optimism remains high among owners and investors of this asset class given the diminishing volume of new product under construction, the still low 7.4 percent overall vacancy rate, record high — yet stabilizing — average asking rents of $10.54 per square foot net and the fact that 10 million people are not likely to soon move away from the Baltimore-Washington, D.C. corridor, the fourth-largest combined metropolitan statistical area in the country.  #cre #industrialrealestate #warehouses https://lnkd.in/ewHEsCEB

Metro Denver's industrial real estate market is off to a strong start in 2024! Thanks to major projects in late 2023, the market is shedding its reputation for having one of the highest vacancy rates in the country. This exciting turnaround highlights the city's flourishing economy and the increasing demand for warehouses and distribution centers. Dive into the recent Denver Post article to learn more about the positive momentum in Denver's industrial real estate market.

As demand falls and vacancy rises, the Chicago industrial real estate market starts to look "more historically normal". #svnic #commercialrealestate #industrialrealestate #cre #chicago https://lnkd.in/d7U_bx6a

Charleston-area industrial real estate market, once seemingly unstoppable, hits the brakes. The three-county Charleston region's industrial real estate market, once red hot, has cooled with average rents on the decline and supply outstripping demand.

Metro Denver's industrial real estate market is off to a strong start in 2024! Thanks to major projects in late 2023, the market is shedding its reputation for having one of the highest vacancy rates in the country. This exciting turnaround highlights the city's flourishing economy and the increasing demand for warehouses and distribution centers. Dive into the recent Denver Post article to learn more about the positive momentum in Denver's industrial real estate market.

Executive Vice President Chad Gahr, SIOR commented, “In the San Fernando Valley Industrial Market, double-digit rent growth has come to an end as increased vacancy, increased borrowing costs and shifting economic conditions present a changing landscape. Despite these headwinds, the overall industrial vacancy rate in the San Fernando Valley remains only 2.4%. The torrid pace of industrial lease absorption and sale transactions of the past few years appears to be returning to a more normal volume, with slightly more choices for tenants coming available via vacant and sublease space, which has put some downward pressure on rental rates. Developers and investors are taking a more measured approach to their investments based upon these changing fundamentals, while tenants may start to experience a slightly more favorable outlook.”   Read the full report: https://lnkd.in/gmzihjH6 #cre #industrail #markettrends #marketoutlook #realestateinvesting #sfv #industrialconstruction #industrialleasing #industrialinvestment #industrialdevelopment #warehouses

Vacancy and lease rates are often reported as though all industrial buildings are the same, but there is a wide range of assets in the sector, from mammoth one-tenant warehouses to small bay buildings with multiple tenants, reported The Globe and Mail. "Investment opportunities and preferences vary according to asset size and market, industry professionals say, as do prospects for growth and availability. Single-tenant, large bay warehouses with 500,000 square feet attract a different type of investor than a small bay, 50,000-square-foot building with multiple tenants." "David Owen, CFA, president of Toronto-based real estate agency Pure Industrial, says a lot of the new industrial construction in the Greater Toronto Area has been large bay, one-tenant warehouse and distribution buildings built outside the city core. The company, which acquires, develops, leases and manages industrial real estate across Canada, owns infill industrial property in a variety of sizes." https://lnkd.in/gAVv_dmf #industrial #development #canada #toronto