Industrial Investment & Development Today
America‘s Commercial Real Estate Show
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The Current Trend in Industrial Real Estate
It's just hard to get last mile deals approved. During COVID, you could sell and we did through rezoning processes. You can maybe hit a six and a half yield on cost in a really good deal. But all these funds are raised in capital with one in a seven percent yield on cost and to hit whatever, lever to unlevered IRR, they're heading which is mid teens.
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