Industrial

The lumber market faced issues with both supply and demand last year.

Lipsey's annual survey is based on qualitative data points from its ballot and from subjective phone interviews and focus groups.

Investment volumes fell 58% in January after a record-breaking December with transactions up 8%.

Many multi-use industrial properties are now in the heart of population centers, and limited supply has made them a prime target for investors.

Retail was typically the target asset class for net lease investors, but following the pandemic, retail-occupied industrial and logistics is fast becoming a new favorite.

The SIOR Snapshot Sentiment report shows the lowest investor sentiment since the onset of the pandemic, but a sharp increase in transaction volume.

In the more popular asset types where demand exceeded supply, institutions and investment managers bought lower-valued properties.

Data from First Street reveals large increases in rates may be necessary in some risk-prone areas.