| The KUIK Closing Market Report for Friday, March 28: | |||||||
| Markets finished up, but down off their highs. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 59 | points | 16,323 | 1:39 PM | ||
| S&P500 | Up | 0.46% | percent | 1,858 | 8.58 | ||
| Nasdaq Composite | Up | 0.11% | percent | 4,156 | 4.53 | ||
| 30 Year Treasury | Up | 3 | Basis Points | 3.54 | Annual Yield | ||
| Amazon and other retailers looking to cut delivery time to the consumer are changing the dynamics of the warehouse real estate market. Anika Khan of Wells Fargo Securities points out that the vacancy rate has fallen to its lowest level in almost two years. Costs are going up as well, averaging $5.37 per square foot, highest in more than four years. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://blogs.marketwatch.com/capitolreport/2014/03/28/amazon-other-retailers-driving-up-warehouse-demand-to-multiyear-highs/ | |||||||
| For today’s Closing Market Report click to listen-> | |||||||