Industrial

There are multiple direct and indirect impacts you need to plan for over time.

Multifamily absorption in the last four quarters was below the pre-pandemic levels, in the range of 60,000-70,000 units. In the meantime, rents rose year-over-year at a slower pace, according to a new analysis from the National Association of Realtors.

"The industrial sector firmly remains in the number two slot behind multifamily for total share of total deal activity."

When tenants lose out on a space, the landlord "can usually show them that the competitor had the higher rate."

Occupying warehouse space expense has increased 42% since 2019.

Mega-deals drive the market, the latest a 1.2M SF pre-lease inked by Target.

Landlords have upper hand, and owners of existing space are currently more lucky than good.

The 166-acre project will include industrial, office, retail space and spec buildings.