Based on data from Transwestern's latest national industrial report, the top 25 industrial markets experienced nearly 200 million sq. ft. of net absorption in the past 12 months.
The capital gains change would slash tax bills for investors when selling assets such as stock or real estate by adjusting the original purchase price for inflation.
“Spread compression is our biggest challenge this year,” says Christine Haskins, managing director with PGIM Real Estate Finance.
A recent JLL study looked at best U.S. markets for office investors based on their economic growth potential.
Brookfield has already sold around $4 billion in stakes in some GGP malls to joint venture partners to help pay off some of the debt from the acquisition.
