Archive for September, 2024
- By Guzel
- 0
- Closed Deals
407 Guidici St, Jackson, MS – Warehouse Facility
Golden Group Real Estate, in conjunction with Bang Realty and acting as the exclusive agent for the Seller, is proud to announce the sale of an industrial park located at 407 Guidici St, Jackson, Mississippi. The property consists of a 44,619-square-foot warehouse facility comprising 2 buildings situated on 3.26 acres. The buildings are divided into [...]
- By Guzel
- 0
- Market Updates
Industrial Market Update – September 2024
In July, in-place industrial rents increased to $8.15 per SF, marking a 7.3% year-over-year rise, according to a report from CommercialEdge. This is good news for landlords dealing with a surge in supply. However, the overall industrial market is still below its record highs in 2022. The Inland Empire, Los Angeles, Miami, and New Jersey [...]
- By Guzel
- 0
- Market Updates
September 2024 Market Update
In August, the U.S. economy added 142,000 jobs, which was slightly below the expected 161,000 jobs. This suggests a slowdown in the labor market but could also lead to the Federal Reserve lowering interest rates later in the month. The unemployment rate dropped to 4.2% as the labor force expanded by 120,000, maintaining a 62.7% [...]
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