Need a warehouse? Get in line—one that keeps growing longer.
Getting enough industrial space built has become a big problem and looks like it will continue to be one. Blackstone expects record-low vacancies in industrial to continue because supply can't keep up with demand. Inflation and the Fed's push to drive up interest rates, increasing financing expenses are part of the reason. Another is continued critical materials and labor shortages. Then there's the availability of land. There's only so much land to go around, particularly in hot urban markets, whether you want a major staging warehouse or infill for secondary distribution and last-mile services.
A new report from CommercialEdge centers on the issues facing industrial developers.
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.
