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As Americans prioritize experiences over things and hotel construction remains muted, investors are finding opportunity in markets with durable, diversified demand.
The small bay industrial real estate market is highly fragmented, and more deals are expected in this space as institutional capital takes note of its strong fundamentals.
Cautious banks are reentering commercial real estate after years on the sidelines, yet alternative lenders—now deeply embedded in the market—continue to dominate key segments, especially the middle market.
The acquisition includes 20 Philadelphia-area buildings totaling approximately 960,000 square feet and two Nashville buildings totaling approximately 220,000 square feet.