Prologis sees further tightening in logistics real estate supply

Logistics real estate in urban areas remains in short supply

A June research report from Prologis (NYSE: PLD) points to several supply headwinds in industrial real estate markets that will make new facility completions fall short of demand over the next decade.

The research arm of the San Francisco-based logistics real estate investment trust said land shortages, additional building requirements, increased replacement costs and permitting difficulties are some of the reasons supply will remain tight and rents will continue to rise.

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