Walbridge’s new data center firm snatches JLL leader
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
- Disclosed industrial deal value tracked in September 2026: $3.7B across 26 reported transactions. All Industrial coverage →
- 187 stories mentioning JLL on the wire in the past 90 days. JLL coverage →
Computed from Real Estate Trail’s own tracked coverage
Matt Landek, who served as global president of data centers and critical environments at JLL, was hired as president and CEO of L5 Mission Critical.
External link. Real Estate Trail does not republish source content.
Related coverage — Industrial
Saints welcome Prologis UK as Industrial Real Estate Partner
PRP Purchases Hyundai Mobis-Leased Distribution Center in Montgomery for $66.5M, Plans Expansion
MONTGOMERY, ALA. — PRP Real Assets has acquired a newly built distribution center in Montgomery for $66.5 million. Delivered in September 2025, the 459,680-square-foot property is leased to Hyundai for 14 years and gu…
Merritt Breaks Ground on Third Phase of North Jacksonville Industrial Park
JACKSONVILLE, FLA. — Merritt Properties has broken ground on Phase III of Imeson Landing Business Park in north Jacksonville. The new phase will comprise three shallow-bay industrial buildings totaling 126,500 square…
Nesto Park Capital Markets 160,000 SQFT Flagship Data Center at San Francisco’s 1215 Michigan Street
Nesto Park Capital has begun marketing a flagship San Francisco data center tied to 1215 Michigan Street, a quarter-acre Dogpatch industrial parcel, even as the site sits in the district of the supervisor now pushing…
Oxford Properties Sells 238,473 SF Light Industrial Portfolio in Riverside, California
RIVERSIDE, CALIF. — Oxford Properties has completed the disposition of a light industrial portfolio in Riverside to Sierra Ridge Capital, with Los Angeles-based Pacific Properties Group providing the equity, for an un…
Gilroy Freezes New Data Center Approvals With 45-Day Moratorium as Amazon’s $2B Campus Advances
Gilroy's leaders moved to close the regulatory gap that allowed an Amazon data center to advance without public review, pausing new projects while staff drafts the city's first standards for water use, power demand an…