At the Forefront of Industrial

This is interesting: In the first quarter of 2021, more than $8 billion of industrial transactions closed nationwide, according to CommercialEdge. While this was a decline from the same period a year prior, pricing jumped nearly 30%, as the asset class continues to draw leasing and investment demand.

Even more interesting: Nationally, the largest deals in the first quarter all involved distribution centers within 30 miles of major population centers, and TIG’s sale of the 2 MSF Michelin Distribution Center in Wilmington, Illinois, was one of the top five. Way to go, Transwestern!