According to Green Street’s latest industrial sector update, the eport authors point to cold storage demand, rising NOI forecasts and cash-releasing spreads — especially at Prologis — and Houston and East Coast port activity.
In half of the top 10 U.S. logistics warehousing markets, spec vacancy rates are around the national average of 4.4 percent while net asking rent growth is 7.8 percent annually, Those trends are what developers like to see. CLICK ON THE HEADLINE FOR MORE
With ten straight quarters of demand outstripping supply, industrial industry leaders remain fairly bullish about the sector’s prospects. CLICK ON THE HEADLINE FOR MORE