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The Glut Of Big-Box Warehouses Is Finally Getting 'Gobbled Up'
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After a year of caution, America’s industrial occupiers are once again taking leaps by signing megadeals. The tenants are backfilling the surplus of big-box warehouses that were built to meet projected post-pandemic demand before tariffs and a war in the Middle East reset market expectations.  Deals for more than 500K SF are now driving activity in the sector, and users of the largest spaces are being squeezed for rent hikes at a faster pace than their smaller peers. The supply of large buildings built during the pandemic is quickly being absorbed by strong demand, which is returning pricing power to landlords.  “We saw the vacancy almost evaporate in...
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