Surging U.S. industrial property demand outstrips supply, sending vacancies falling, rents rising

industrial-park-view1By 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.

Continued:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.