Overall, CBRE pegs the overall development pipeline as containing 474 MW of capacity in the primary U.S. markets, nearly 55 percent of which is preleased.
The Tax Cuts and Jobs Act may have caused some confusion for HNW real estate investors on how to best handle 1031 exchanges.
The slowdown in CRE prices is expected to last for six to 12 months.
The average cap rate for industrial assets has dipped to a record low of 7.0 percent.
