Industrial

The average asking rent growth for the sector was 6% last year.

This amount of absorption will once again make Savannah one of the top growth markets in the U.S.

PGIM in cash deal to buy 354K SF campus Rivian pre-leased, bailed out on.

With leverage it will have $3.5 billion in purchasing power.

Industrial and multifamily expect near-record deliveries.

Last year only only 43 leases were for at least 1 million square feet.

But potential distress is far worse — as much as $234.6 billion.

Even so, things aren't as bleak as the change from 2022 might suggest.