This ongoing notable weakness suggests that the industrial real estate market will continue to be impacted by recessionary conditions.
Continue reading Further Softening in U.S. Warehouse Market During Q3
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Category:
Real_Estate
This ongoing notable weakness suggests that the industrial real estate market will continue to be impacted by recessionary conditions. Continue reading Further Softening in U.S. Warehouse Market During Q3 Jones Lang LaSalle’s Mid-Year 2008 National Industrial Real Estate Market Report, which analyzes activity in industrial properties 50,000 square feet and larger, shows that while both warehouse and manufacturing sectors have been impacted by the slowing economy, the national industrial real estate market experienced overall positive net absorption in the first half of the year, exceeding most forecasts. U.S. industrial markets absorbed approximately 5.6 million square feet in the first quarter of 2008 and 125,000 square feet in the second quarter, significantly lower than historical first-half performance. Jones Lang LaSalle views the slower growth as a consequence of uncertain Continue reading National Industrial Real Estate Market Registers Overall Positive Net Absorption for the First Half of 2008 |
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