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Little Danger of Industrial Market Overheating

CHICAGO—Panelists at this week's 13th Annual Commercial Real Estate Forecast Conference believed that absorption will continue to outstrip new supply.

By Brian J. Rogal | Updated on January 21, 2015

CHICAGO—Last year was one of the best for Chicago’s industrial real estate market in a long time and experts anticipate good news for this year as well. At this week’s 13th Annual Commercial Real Estate Forecast Conference, sponsored by the Real Estate Publishing Group, many noted that the region has become one of the nation’s top producers. But nobody seems to believe the market will begin overheating.

“We’re still absorbing more than we are building,” Adam Moore, regional director for First Industrial Realty, told a morning panel on the industrial market. And recently published data bears that out.

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