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After visiting Atlanta, Dallas, Chicago, and New Jersey over the past 5 weeks, we definitely agree with the below article. We have heard first hand that the overall industrial market should expect to see continued positive absorption in 2011. By Paul Bubny NEW YORK CITY-Absorption across the 34 industrial markets tracked by Cushman & Wakefield turned positive at the end of 2010, for the first time since the second quarter of 2008, the firm said Tuesday. Along with an uptick in leasing, a 74% year-over-year decline in new construction proved to be a boon in terms of industrial vacancies. "Positive...

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ING Lends $42Mln for 4 Industrial Properties Wednesday, 02 February 2011 ING USA Annuity Life and Insurance Co. has provided $42 million of financing for four industrial properties that were recently purchased for $91.8 million by Industrial Income Trust. The loan matures in 2040, but is expected to be repaid in 2020. It carries a rate of 4.81 percent and amortizes over a 30-year schedule. The four properties that serve as collateral are: - an 842,000-square-foot building in Hagerstown, Md., that is fully leased through 2016 to Home Depot, for which the REIT paid $41.2 million; -...

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This is a great article. We believe consumer spending and confidence will create jobs and lead us out of this economic downturn. Please read this great article by Don Lee at The Los Angeles Times January 29, 2011 The economy grew at a 3.2% annual rate in the last three months of 2010, driven by stronger consumer spending and trade, the Commerce Department reports. Economists expect the recovery to pick up momentum this year, though a shadow still looms over employment. Reporting from Washington — The American economy registered moderately stronger growth in the final three months...

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CoStar's Positive Industrial Outlook Comes As Commerial Real Estate Market Learns of Possible Mega-Merger Between Two Largest Warehouse REITs By Randyl Drummer January 26, 2011 Warehouse leasing accelerated sharply in fourth-quarter 2010, helping to drive down vacancy rates amid record-low deliveries of new industrial commercial properties last year, according to CoStar's Year-End 2010 Industrial Review and Outlook. "We saw good, stronger demand in the fourth quarter, given the historic low levels of warehouse supply," said CoStar Senior Director of Research and Analytics Jay Spivey. "That...

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This video clip from CNBC.com discusses the recent surge in the 10 year yields. What do you think about the recent spike in yields?

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The UCI Paul Merage School of Business Center for Real Estate produced this tribute video our Chairman, John O'Donnell.

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This is great news for the Industrial sector.  We expect imports to rise during the next 5 years as The United States regains forward momentum. The Panama Canal project, scheduled to be completed in 2014, will increase the amount of containers headed to the eastern ports.  This increase in containers will subsequently increase demand for Industrial Real Estate. McClatchy-TribuneNovember 26, 2010|1:59 p.m. Georgia and South Carolina's $500-million Jasper Ocean Terminal is being designed to handle 7 million cargo containers a year. Among U.S. seaports, only two — Los Angeles and Long...

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The nation's busiest cargo complex posted 18% growth in combined container traffic for October, adding another strong month to the ports' recent string of double-digit growth. "Retailers were concerned about a shortage of cargo containers and they ordered early this year to make sure they had enough goods for the holiday season," said Nancy Sidhu, chief economist at the Los Angeles County Economic Development Corp. "The fact that these numbers were still higher than what had been 2009's best month is significant." The ports of Los Angeles and Long Beach handle more than 40% of the nation's...

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REAL ESTATE: REIT aims for $1B; targets U.S. distribution hubs By Mark Mueller Sunday, November 7, 2010 The O’Donnell Group Inc., a Newport Beach real estate developer and property manager with a prominent history in Orange County, is looking to make a billion-dollar, nationwide push into industrial buildings. The company and John O’Donnell, its founder and managing general partner, have been running area real estate companies since the early 1970s. O’Donnell Group recently announced plans to raise up to $1 billion from individual investors through a new fund,...

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The industrial market is seeing signs of stabilizing rent and high demand in prime logistic locations. By Allen Kenney 11/5/2010 In the third quarter, the four major commercial real estate sectors all showed gains for the first time since 2007, according to the latest data from the CoStar Commercial Repeat-Sale Indices (CCRSI). Overall, CoStar’s indices pegged the increase in the pricing of “investment-grade” real estate from July to September at 5.5 percent, while the “general” property pricing increased 2.3 percent in the third quarter. CoStar differentiates...

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