Industrial Real Estate: The Bright Point of CRE
SOUTHWESTERN CITIES HAVE HEALTHIEST RENT TRENDS
by Patrick McGregor
T he pandemic put a massive damper on many industries — in particular, travel and tourism, hospitality and entertainment, and commercial real estate. As other asset classes like office and retail struggled with stay-at-home orders and virtually no traffic, industrial real estate likely advanced even further into the future than it otherwise would have during normal times. That’s because e-commerce has been expanding for a decade and is
footage set to hit the U.S. market this year will be the highest in the last five years. Much of the expan - sion is focused on southern markets with a few regional hubs seeing their share, as well. INDUSTRIAL PROPERTIES OFFER INVESTORS MORE STABILITY IN UNSTABLE ENVIRONMENTS Industrial real estate incorporates many different types of industries, businesses and uses. During the
now being powered by next- or even same-day delivery and curbside pick-up — two features that are very attractive to people who are stuck in their houses. And, while construction in many sectors has been slowed or halted altogether, construction of industrial buildings is set to be strong this year. In fact, using data from their sister division CommercialEdge, an analy - sis by CommercialSearch indicates that the amount of industrial square
10 : : COMMERC IAL REV I EW
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