With congestion issues and seaport gridlocks plaguing the transportation industry, air freight volumes are back on the rise. According to JLL’s annual Airport Outlook Report, global air cargo saw a 4.5 percent annual increase in 2014 and the forecast calls for 5 percent growth in 2015. This has created a flurry of leasing, building and investment in the distribution center real estate surrounding key U.S. airports. And as a result, rents… Read More
The headlines are all talking about the construction going on in the Dallas-Fort Worth industrial market, currently there is about 16.6 million square feet underway. That’s not a record breaking number, but it’s a good bit above the historic norm of about 10 million square feet per year.
The thing is, the number seems justified given… Read More