admin / June 2, 2017
Following a record-setting 2016, the U.S. industrial market held strong in the first quarter of the year. Overall net absorption helped drop the vacancy rate to an all-time low while demand kept new development solid and pushed asking rental rates to an all-time high.
Looking forward, it appears trade policy fears have waned and will not affect supply chains in the near term. This, along with solid economic conditions and the continued need to modernize supply chains, should keep industrial fundamentals robust in the coming quarters.
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