Port cities are commanding the more aggressive overall capitalization rates for Class A properties although Midwest markets are not far behind, according to Cushman & Wakefield's Industrial Investor Survey and Outlook for spring 2024.
Most investors in the survey do not anticipate further increases in overall interest rates, as their current yield rates have been considered or priced in any potential near-term rate hikes.
Activity in the 10-year US Treasury has resulted in higher yield rates and overall capitalization rates, as well as a higher cost of capital.
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.
