Dense urban markets where land zoned for industrial is in short supply and property values are at a premium are candidates for vertical warehouse construction, industrial brokers say.
India and Vietnam might become the winners in the current trade negotiations, shifting growth in imports to the East Coast ports.
Spencer Levy cautions that industrial and multifamily will confront short-term supply headwinds, and stresses that retail has been unfairly pummeled.
Many commercial lenders in 2018 have carved out new policies for pricing discounts on quality industrial properties in core markets.
Following is a list of 12 up-and-coming industrial markets, compiled using data from Colliers International, Transwestern, Cushman and Wakefield and the U.S. Census Bureau.
Despite this sector’s exemplary performance, it has become increasingly difficult for developers to secure construction loans from banks.
Commercial real estate pros remain bullish on the outlook for the industrial space.
Approximately 277 million sq. ft. of industrial space is currently under construction.
Today, the biggest challenge for brick-and-mortar retailers competing in the e-commerce space is speed of delivery.
