More than 1,200 leaders from around North America gathered to hear updates and projections for commercial real estate's hottest sector at NAIOP's I.CON East industrial real estate conference in Jersey City, N.J.
The sessions kicked off with an economic forecast from Dana M. Peterson, chief economist and center leader, economy, strategy & finance, The Conference Board.
"We've been modeling for the U.S. to enter recession this quarter for the last year now," she said. She explained what a recession would look like, emerging economic trends, and their implications for industrial real estate.
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