The Industrial Real Estate Boom Isn’t Going Anywhere
While other commercial real estate (CRE) sectors struggled during the COVID-19 pandemic, industrial real estate barely stumbled at all. As shoppers shifted their purchases online to avoid crowded stores, the ensuing eCommerce boom created a spike in demand for distribution centers and warehouses that continues today, more than a year and a half later. In addition, online grocery purchases and vaccine development initiatives created a rush on cold storage, an oft-neglected subsector of industrial real estate. Companies seeking to shorten their supply chains through ... Read More