Warehouses will be a tough find through 2023

Industrial rents unlikely to cool anytime soon

The industrial real estate market will likely see low vacancies and high rents for at least another two years, according to a report from commercial real estate services firm JLL Inc.

On the demand side, companies are taking on larger inventory positions to avoid future supply shocks and stockouts, which have been prevalent throughout the pandemic. Further, e-commerce platforms require incremental inventories positioned closer to the end consumer in order to meet tight delivery schedules. In the...

https://www.freightwaves.com/news/warehouses-will-be-tough-to-find-through-2023

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