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U.S. Industrial real estate market enjoying a resurgence in late 2012

Posted on 21 February 2013

The industrial real estate market is making a comeback. Net demand for warehouse space was 40.8 million square feet in fourth quarter 2012, making it the second strongest quarter since record-keeping began in 1993 at Cassidy Turley, a commercial real estate company with offices around the US.
Industrial vacancies are tightening quickly, according to a report by Cassidy Turley. In the fourth quarter, vacancies declined by 20 basis points from the previous quarter to 8.9%. The national industrial vacancy rate was at its lowest point in three years in the fourth quarter of 2012……………………………………Full Article: Source


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