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Industrial Real Estate Market Poised For More Growth

The industrial sector has become the “darling” of the commercial real estate market, and experts agree it’s likely to continue that way into 2021.

A panel of real estate and third-party logistics (3PL) professionals talked about the resilience of the warehousing and logistics sector and the resulting demand for space in the months ahead at this week’s Council of Supply Chain Management Professionals’ (CSCMP) EDGE conference.

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Industrial Real Estate’s Positive Prognosis

The COVID-19 pandemic is disrupting the supply chain and forcing many consumers to change the way they shop. But while these disruptions are creating economic strain, they also present huge opportunities for industrial real estate.

It’s easy to see why. Social distancing has changed the nature of how people buy goods because, in the absence of conventional retail, consumers are making the most of their purchases online.

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