The Industrial market nationally “continues to be the darling of commercial real estate,” reports JLL in its Q2 2021 Outlook. “On the leasing front, things are moving so quickly that buildings are not sitting idle or vacant for long. Availability in the market is extremely tight, with all time low vacancies and new market-high rents.”
Compared to the current woes of the office or retail sectors, that’s good news for landlords and investors. For corporate occupiers, well, not so much.