Industrial Market: Hotter Than You Think?
I’ve been a fan of Michael Bull’s Commercial Real Estate show for more than a year. I spotted this clip last year and made a note to blog it here, but managed to not follow up sooner than now. What triggered my memory was the appearance on this episode of Brian Cardoza from Prologis, whose firm is dedicated to research on the industrial sector.
In this clip, you can get a sense of how focusing on value in industrial property can cause upward pressure on rents and absorption, and how such a shift works even as a buyer’s market persists.