Industrial
commercial real estate has experienced a great run over the last few
years, and its performance didn’t slow down during the first half of
2018.
After all, current macro-economic trends are creating a favorable
environment for the entire industry. Consumer sentiment is the highest
in 14 years, according to a University of Michigan study. Jobless claims are the lowest in nearly 50 years. And there does not seem to be much industry concern about potential rising interest rates.
On top of that big picture, warehouses and distribution centers
are getting an extra push from two rapidly growing industries:
e-commerce and third-party logistics companies (3PLs). Ever-expanding
consumer demand is pushing the demand for space in these two arenas, and
businesses are seeking out several different types of industrial
formats for their growth...