Industry Update: The State of Industrial Real Estate
Industrial real estate has experienced a wild ride in the U.S. ever since the global COVID-19 pandemic caused a rush on warehouses to support an e-commerce boom and factories to accommodate supply chain resiliency efforts. As a result, the sector led the pack in commercial real estate (CRE), with investors scrambling to acquire in-demand assets and prospective tenants searching desperately for viable space. However, the latter half of 2022 brought predictions of economic uncertainty and recession, as well as falling consumer demand. Though industrial rode ... Read More