The industrial sector has been a silver lining for commercial real estate during the COVID-19 pandemic and resulting recession.
But there are some concerns in the sector. Peter Linneman, principal and founder, Linneman Associates, sees "two dark clouds" in an otherwise sunny forecast.
"One is we're capable of overbuilding anything given enough time," Linneman said on CBRE's "The Weekly Take" podcast. "No matter how strong demand is, we have proven we're capable of overbuilding anything. I don't think that happens in the next year because of all this COVID and uncertainty in general and capital markets. But we're going to overbuild it."
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*May exclude premium contentLeslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
