MIAMI—With the industrial market in full swing, there are fewer class A industrial projects trading and some time to wait before new construction is completed. So should industrial investors eye class B and even class C in the meantime?
Not for the long term. At least that was the general consensus among panelists at RealShare Industrial in Miami on Tuesday.
Ralph Kittrell, a principal and investment officer at Exeter Property Group, says investors almost have to shift to B product to find industrial assets to buy when A product is not available. But his firm isn't going down that route in this cycle.
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