The pending $12.6 billion purchase of industrial and office REIT Liberty Property Trust by industrial REIT Prologis Inc. represents the biggest REIT M&A deal announced so far in 2019. But does it represent a harbinger of further M&As in the industrial REIT sector? Experts say it’s unlikely that the acquisition signals a stepped-up pace of consolidation among industrial REITs.
Cities like Los Angeles, San Francisco and New York City are often top of mind when thinking about our nation’s affordable housing crisis. But the affordable and workforce housing shortage isn’t limited to the country’s primary markets.
Eighteen-hour cities are attracting investors away from the typical 24-hour cities, reports Forbes. Google eyes a new campus in the Silicon Valley property market, according to the The Mercury News. These are among today's must reads from around the commercial real estate industry.
