Industrial occupiers would rather pay more for rent than for transportation costs.

The properties will form a seed portfolio for a potential U.S. logistics private fund.

ESR Cayman Ltd. has been on a deal-making spree for two years and could eventually compete with the likes of Blackstone and Brookfield.

Competition for industrial net lease assets is so high, sellers are marketing their properties without price tags to see how far buyers will go to win the bid.

With the country’s economy rebounding, Canada is on pace on post nearly C$50 in commercial real estate investment this year.

Among the biggest impacts might be a further increase in the costs of construction materials and construction and industrial labor.

The rise of rapid grocery delivery startups is creating demand for a new kind of logistics property.