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August 25.2025
2 Minutes Read

McCraney’s $29M Loan Fuels Industrial Growth in Raleigh-Durham

Modern industrial warehouse in Raleigh, reflecting industrial growth.

The New Wave of Industrial Expansion in Raleigh-Durham

The Raleigh-Durham region is witnessing transformative industrial growth, exemplified by McCraney Property Co.'s recent financing achievement of nearly $29 million for the Apex Logistics project. This significant investment underscores the confidence in the local industrial sector's potential, with the completed development set to feature over 305,000 square feet of space.

What Makes Apex Logistics Stand Out?

Apex Logistics will feature two rear-load buildings, designed with high-clearance heights to accommodate modern logistics needs. Coupled with strategic proximity to essential transport routes, this facility is poised to become a pivotal component of the region’s logistics network. The investment reflects a broader trend in the Southeast, where supply-constrained and high-growth corridors are becoming prime destinations for industrial expansion.

Key Players and Insights

The financing was facilitated by JLL Capital Markets and issued by Pinnacle Financial Partners, highlighting the intertwined roles of commercial brokers and financial institutions in the real estate landscape. With a robust supply pipeline—nearly 1.5 million square feet delivered in the first half of the year—the industrial sector in Raleigh is aligning with national trends of increased demand driven by e-commerce and supply chain adjustments.

Future Outlook for the Region

As McCraney expands its footprint in the Southeast, the regional market continues to evolve. With an estimated completion date of 2026 for Apex Logistics, this project signals ongoing investment and development in one of the fastest-growing industrial markets in the country. Stakeholders and potential investors should keenly observe how the industrial landscape further adapts to the rising demands of logistics and distribution.

Industrial Real Estate

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09.06.2025

Understanding the Salt Lake City Industrial Market: A Perfect Storm for Value Creation

Update The Salt Lake City Industrial Market: A Unique Investment LandscapeThe Salt Lake City industrial market is currently experiencing a convergence of favorable factors that position it as a prime destination for investors. A recent report by JLL highlights that demand is robust, with a notable vacancy rate of only 7.1% and more than 2 million square feet in year-to-date net absorption. This trend suggests that supply is being efficiently absorbed, indicating a balanced ecosystem that supports ongoing activity and investment.One of the standout features of this market is its rich diversification across sectors. Manufacturing leads the way with 29% of leasing activity, followed closely by food and beverage at 21%. This diversification is crucial as it mitigates risks associated with reliance on any single sector, thus enhancing stability; an attractive prospect for potential investors looking at long-term value.Strategic Location Contributing to DemandSalt Lake City’s strategic location makes it an optimal distribution hub, particularly for businesses operating west of the Rockies. Its connectivity bolsters demand from a range of industrial tenants, further fueling a healthy real estate environment. Additionally, the booming population growth and a workforce that’s both educated and adaptable contribute significantly to this economic vibrancy, reinforcing the area’s attractiveness to businesses.Financial Opportunities Awaiting InvestorsIn terms of financial metrics, average asking rents have reached an impressive $0.90 per square foot, significantly lower than coastal alternatives. This pricing creates an appealing proposition for investors seeking value—making Salt Lake City a hotbed for industrial real estate activity. Unlike other markets, bidding wars are scarce, leading to stable pricing and an attractive buy-in point for potential investors.A Look Ahead: Positive Trends for InvestorsAs we advance, the consensus indicates fruitful opportunities in the Salt Lake City industrial sector, driven by positive market fundamentals. The continuing influx of companies and the nurturing of a supportive business environment further enhance this area’s prospects, promising a captivating landscape for strategic investments.

09.05.2025

Mohr Capital Seizes Opportunity with New 1 MSF Project in Chicagoland

Update Mohr Capital's Ambitious New Project in DeKalb In a significant step for the industrial real estate segment, Mohr Capital is set to develop a 1 million-square-foot build-to-suit project in DeKalb, Illinois. This development not only showcases the resilience of Chicagoland's industrial market but also indicates a growing need for customized distribution facilities in the region. Strategically Located for Efficiency The new facility will be strategically situated on 147 acres, just a stone's throw from major transit routes including Interstate 88 and DeKalb Taylor Municipal Airport. This prime location is designed to accommodate the growing logistics demands of the area. Continuing Trends in Chicagoland's Industrial Market Despite experiencing a 12.5% vacancy rate—higher than the national average of 8.6%—Chicagoland's industrial rents increased by 4.6% year-over-year. This trend depicts a market adapting to evolving demands, with almost 9.8 million square feet of industrial space currently under construction, reflecting the area’s persistent growth. Future Plans and Opportunities The project also holds the potential for future expansion up to 1.5 million square feet, indicating Mohr Capital's commitment to meeting long-term user needs. With significant tenants like Cummins Inc. already signed on for occupancy in its nearby logistics park, the future looks promising for industrial development in the region. Conclusion Mohr Capital's new facility in DeKalb underscores the ongoing evolution of Chicagoland's industrial real estate landscape. As companies seek tailored distribution spaces, the market's resilience and adaptive strategies will be crucial for meeting future demands. Stay updated on developments in industrial real estate in your area and discover how strategic location and smart planning are reshaping the industry.

09.02.2025

MetLife Sells SoCal Industrial Portfolio for $166M: What Investors Should Know

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