GlobeSt.com: Can you give a brief summary of what you see occurring?
Spencer: We've had downward pressure on industrial demand based of the lack of consumer purchasing power. Yes, that's happening, but there's also an increase in wholesale inventory due to just-in-time concerns and the need to have more inventory on hand than was needed a year ago. So that's a plus for industrial real estate. I think the two forces will counterbalance one another.
GlobeSt.com: Why is this happening?
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
