The Logistics Managers’ Index, released Tuesday, advanced for a third straight month in March, reaching 76.2 from 75.2 in February.
Industrial space availability is extremely tight. Tenants in many markets are willing to pay premiums for their leases.
WMRE talked to the firm’s founder Jeffrey Goldberg about the affordable housing market and Fairstead’s expanding focus on technology and sustainable development.
The company recently decided to close a number of its bricks-and-mortar retail stores, including Amazon Books, 4-Star and Pop-Ups.
Multifamily developments that boast sustainable features or provide affordable housing are finding they have more options from capital sources looking to meet ESG targets.
The Beijing-based company plans to sell assets that won’t generate immediate revenue or haven’t been seized by creditors.