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CBRE Report Shows Industrial Warehouse Demand Continues to Outpace Construction
BY Randy Kendrick
September 5, 2019
According to a recent CBRE MarketFlash, demand for new industrial warehousing space in the U.S. market continues to exceed new construction.
CBRE indicates that industries like eCommerce, food and beverage, wholesaler, and third-party logistics have dominated pre-leasing activity. According to CBRE, demand in these industries is unlikely to wane in the near future, and speculative construction in major markets is expected to lease up shortly after completion.