Industrial topped CRE sectors in 2020, according to the just-released Newmark Opportunity Index.
"Largely a result of the growth of e-commerce and the shutdown of brick-and-mortar retail, the industrial market fared better than any other sector during the pandemic, with demand and rents for industrial space on the rise, and an uptick in industrial sales volume," the report said.
The trends were seen broadly across US metros, most pronounced in the top industrial markets, including Boston, Atlanta, Philadelphia, Tampa and Dallas.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- 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
*May exclude premium content© 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.
