TCC, Clarion Partners Go Vertical on Lehigh Valley Exchange in PA
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- 4 stories mentioning Clarion Partners on the wire in the past 90 days. Clarion Partners coverage →
Computed from Real Estate Trail’s own tracked coverage
Trammell Crow Company (TCC) and joint venture partner, Clarion Partners, have begun vertical construction on Lehigh Valley Exchange, an 866,350-square-foot speculative industrial facility in Bethlehem, Pennsylvania. T…
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