By Mark B. Solomon | DC Velocity
The U.S. industrial property category has left the economic downturn in the rearview mirror.
Industrial property markets remained tight during the first quarter, as growing demand for big box distribution centers to fulfill e-commerce orders significantly outstripped the new supply of space which, despite a pickup, remains at historic lows, according to recent reports by CB Richard Ellis (CBRE) and Jones Lang LaSalle (JLL), two of the country’s leading real estate services firms.
