On the flipside, not in that area, but I am seeing most logistic centers hold off on opening new warehouses. The demand seems to have slowed down vs the blistering pace of expansion during covid.
Not sure if its a temporary pause due to companies being cautious or something that will hold.
meltbox t1_je8s4v3 wrote
Reply to comment by Meltman1223 in SF commercial real estate: Office vacancy 28% (CBRE). Rents have fallen 15% (JLL) by scott_jr
On the flipside, not in that area, but I am seeing most logistic centers hold off on opening new warehouses. The demand seems to have slowed down vs the blistering pace of expansion during covid.
Not sure if its a temporary pause due to companies being cautious or something that will hold.