Industrial Real Estate

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Industrial Real Estate

2019年6月14日 | 未分类 | No Comments

Industrial vacancies nat上海千花社区

ionwide hit all-time low: report Rent growth outpaced other commercial sectors for the first time

Warehouse (Credit: Wikimedia Commons)

Industrial vacancy hit an all-time low across the U.S., as rent growth outpaced other commercial real estate sectors.

The vacancy rate hit 7.3 percent last year down from 8.1 percent in 2016, according to a report by online real estate trading platform Ten-X. The firm predicts the industrial market will tighten up slightly more this year 上海夜网论坛

on the back of 10 million square feet of net absorption.

The report found 2017 was the first year that industrial rent growth led other sectors, and the sixth straight year that rent growth accelerated, according to Real Estate Weekly.

California metro markets including Los Angeles, San Jose, and San Francisco are all ripe for investment, according to the report, partially because of strong demand from the cloud c上海千花网论坛

omputing and legalized cannabis industries.

More broadly, the shift toward e-commerce has pushed up demand for warehouse, data centers and di上海贵族宝贝交流区

stribution space.

Ten-X determined that owners of industrial properties in cities including Dallas, San Antonio, Cleveland, and Baltimore should look to sell because of high supply and weak fundamental growth drivers.

Looming tariffs proposed by President Trump c上海龙凤论坛sh1f

ould negatively impact the industrial sector, according to Real Estate Weekly. Trump’s proposed tariffs on foreign steel and aluminum have already had an impact on the construction industry, which relies heavily on the former.  [Real Estate Weekly] — Dennis Lynch 

Tags: Commercial Real Estate, industrial
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