The industrial sector is expected to weather the economic ramifications of the COVID-19 pandemic better than other areas of the economy, according to an Industrial Sector Outlook report by Colliers.
Distribution centers are among the fastest-growing class in the industrial sector, particularly due to e-commerce irreversibly impacting the way people shop.
The coronavirus crisis, coupled with consumer preference and demand for high-speed shipping service, has boosted demand for last-mile delivery. As a result, design flexibility has become of paramount importance.
The start of a new decade is an excellent time to look back and reflect on how real estate markets, industries, and returns have changed over the past 10 years.
Seeing what new technologies, businesses, and policies altered the market can help investors gain insight into changes that could come in 2020 and beyond. As of late, industrial real estate has been one of the top-performing sectors of the commercial real estate (CRE) industry, but a lot has changed over the past decade.
Here are five ways industrial real estate has changed from 2010 to 2020.