Chicago In Focus, As Industrial Becomes Real Estate’s New Darling
Much has been written about the pandemic-precipitated problems plaguing real estate`s commercial sector. But with office and retail-oriented real estate feeling the ill effects of COVID-19, there`s one sector that seemingly remains in the pink of health.

That is the commercial real estate industry`s industrial sector, comprised of factories, warehouses, distribution centers, fulfillment centers, data centers and similar real property. JLL JLL -0.2% recently reported e-commerce represents half its U.S. leasing activity, an increase from the 36% number registered prior to the onset of COVID-19...
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RSK: This sector has been the darling of CRE for a few years now. Still no word if Amazon is going to make JCP stores into distribution last mile centers. Cost may be to steep to retrofit...might be less expensive and more efficient to start from scratch...



- - Volume: 8 - WEEK: 42 Date: 10/13/2020 8:30:33 AM -