Affinity-Corp / CORFAC International @Affinity_Corp
We empower businesses & investors to make informed real estate decisions that drive their growth and success. #CRE #ReTwitaffinity-corp.com/meet-the-team Indianapolis, IndianaJoined March 2024
Lincoln Property Co. just sold a 146.64 KSF distribution center in Whitestown, IN for an undisclosed price as Indianapolis’s industrial vacancy rate inches up. #ReTwit#CREcommercialsearch.com/news/lincoln-p…
Rising property taxes are squeezing industrial property owners and occupiers, with assessments up an eye-popping 29.6% and taxes increasing 21.3% on average. #retwit#crelink.mail.beehiiv.com/ss/c/u001.fwVw…
The Indianapolis industrial market is booming with 4.3MSF under construction, driven by growing e-commerce, logistics demand, and corporate relocations. #retwit#crelink.mail.beehiiv.com/ss/c/u001.fwVw…
Eli Lilly announced a $5.3B expansion of its Indiana plant to boost production of its weight-loss and diabetes treatments, its largest manufacturing investment to date. link.mail.beehiiv.com/ss/c/u001.fwVw…
In Q1, Amazon leased around 6.5M SF, surpassing the 2M SF it put up for direct or sublease, marking its highest quarterly leasing since over 8M SF in Q1 2022. #retwitcostar.com/article/345810…
Industrial Nugget 💡: @CBRE projects that 2024 will be the third-highest year on the record books for industrial leasing, with 413MSF released in 2023, even as supply is expected to drop. #retwit
Who had KC and Charlotte on their bingo cards?
The top five cities for new industrial construction underway:
5️⃣ Kansas City (11.3 million sq ft)
4️⃣ Chicago (11.4 million sq ft)
3️⃣ Charlotte (13.0 million sq ft)
2️⃣ Dallas (27.2 million sq ft)
1️⃣ Phoenix (42.7 million sq ft)
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