IOS has rapidly become one of commercial real estate’s hottest asset classes as a flood of new money has sent prices sky-high. But investors looking to enter the space may crash on the rocks of an industry that is trickier — and less like the rest of the industrial market — than first meets the eye, and the talent pool of people with expertise in navigating the hazards is limited.
To arrive at the forecasts, NAIOP’s statistical model takes into account such factors as lagged net absorption, real gross domestic product growth, inflation and output gaps, monetary policy, and seasonal effects.
The lion’s share of the closed facilities is located along the Boston—Washington DC corridor and in California, Florida and the Chicago metro.
The global COVID-19 pandemic thrust industrial real estate into the spotlight as more people shopped from home, creating a seemingly insatiable demand for warehouse and logistics space to store and move the goods they ordered. As a result, rent for industrial properties increased 6.3% in 2022 to $7.03 per square foot, and the market set
The nine-acre truck depot in Kearny, New Jersey, wouldn’t appear to fit anyone’s definition of prime real estate. The site is surrounded by a tangle of major highways that are often clogged with traffic, abuts a rail yard packed with clattering freight cars, and is just down the street from one of the most polluted landfills on the