A new report by Colliers says the industrial market will, in short, remain in landlord’s territory, Prologis agrees by recently saying the competition for industrial space will increase in 2024.
The nation’s industrial real estate market is headed toward the closing months of 2022 with strong demand overcoming uncertainty about the course of the global economy. Leasing of logistics, manufacturing and warehouse properties has been hitting records during the third quarter as businesses and investors also build and buy industrial properties at near-record levels, analysts
Among 450 manufacturing executives participating in the 2018 National Manufacturing Outlook and Insights survey, 63 percent believe the sector will expand in 2018 and 81 percent expect their revenue to increase. CLICK ON THE HEADLINE FOR MORE