The demand for the diminishing number of IOS lots, clustered around US cities, that are zoned to permit outdoor storage is skyrocketing. In terms of value, IOS may soon overtake cold storage as a growth sector, drawing more attention from institutional investors. CLICK ON THE HEADLINE FOR MORE
According to a new report from Cushman & Wakefield, online sales grew by 14.6 percent in 2021, equaling about $870.8 billion in spending throughout the year. The report indicates that rent growth for warehouses and logistics space could rise by more than 15 percent over the next two years. CLICK ON THE HEADLINE FOR MORE
Industrial property volume availability is not satisfying investors or tenants. The National Association of Realtors reported data through March 4, finding that the supply continues to lag demand. Namely, as of the beginning of this month, the vacancy rate fell to 4.1% from 6.8% at the close of Q4 2021. CLICK ON THE HEADLINE FOR MORE
The pace of temperature-controlled industrial warehouse acquisitions, expansions and new facilities will accelerate in 2022 as the demand for freezer space at cold storage may soon exceed their capacity. CLICK ON THE HEADLINE FOR MORE
Demand for specialized industrial space is outpacing supply by a wide margin. Asking rents increased and net absorption hit never-before-seen levels at the end of 2021. CLICK ON THE HEADLINE FOR MORE
Expert Advice For All Your Commercial And Industrial Property Needs In South Florida