United States of America ViewPoint - Three Megatrends Driving U.S. Industrial Real Estate in 2014
The U.S. industrial real estate market is firing on all cylinders. Availability rates across the U.S. are dropping, with some having already reached or moved below pre-recession lows. Construction activity has picked up, although completion rates still remain well below long-term averages. The combination of diminishing space options and strong demand is pushing average asking rents upward in most markets—a trend that will likely continue for the foreseeable future.