Stories about construction and oversupply affecting rents and vacancy rates have largely been around multifamily. According to a new Colliers report, those forces also affect industrial and logistics.
Perhaps it's been overlooked because the industrial category has been doing far better than any other part of commercial real estate. However, better is relative and there will still be implications from market and macroeconomic conditions.
Out of the total 77 markets that Colliers tracks, 25 of the top ones represent 76% of the total industrial base across the total markets.
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