BALTIMORE–It is hard to find fault with the industrial markets these days — unless that is, you are in one of five areas singled out in Ten-X's US Industrial Market Outlook, which ranks five top cities to buy and five top cities to sell. Locally, Baltimore and Suburban Maryland are in the latter category. Other markets where investors are advised to sell their industrial properties are Dallas, San Antonio, and Columbus, Ohio.
Los Angeles, Nashville, Tenn., San Diego, Portland, Ore. and Sacramento, Calif. are the top markets in which investors should consider buying industrial assets, according to the report.
“More than any other class of commercial real estate, the industrial sector has reaped the benefits of an economy and culture that is becoming more and more dependent on modern technology,” said Ten-X Chief Economist Peter Muoio. “Despite a prolonged slump in oil prices, these secular trends are boosting the segment. While much of commercial real estate's future appears murky, the outlook for industrial remains strong.”
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
