Among commercial real estate’s top-performing sectors, the industrial market continues to boom and remains consistent among investors, tenants and developers.
Exhibiting growth throughout the pandemic due to increased e-commerce demand, the sector’s success is additionally driven by components such as advanced logistics and supply chain offerings and innovations to robotics and automation.
Despite the pandemic, Real Capital Analytics reported that in December 2020, industrial pricing was up 7.4% year-over-year, and Colliers International reported that last year, industrial absorption outpaced new supply deliveries, with US industrial inventory increasing by 2.4%.
Furthermore, JLL research reports that industrial posted $55.4 billion in sales in Q3 2020; representing the second-highest tally for volume by sector through three quarters.
As investment activity continues to pick up in 2021, investors across the country are aiming to expand their portfolios and looking toward industrial’s strong fundamentals for a reliable investment opportunity.
Industrial real estate professionals are currently working harder than ever to continue the sector’s astounding success, while still maneuvering the pandemic’s effect on the market.
Aiming to recognize the efforts that drive the sector’s spectacular performance, GlobeSt. Real Estate Forum is shining a spotlight on the professionals and companies that have helped shape the industrial real estate market.
GlobeSt. Real Estate Forum’s 2021 Influencers in Industrial Real Estate recognition will highlight not only individual pioneers who have made an impact through their efforts, but also entire organizations and the teams within that have become critical to the industry.
Be it through their contributions to the industry, the vast successes they’ve racked up in completing deals and projects, or the innovations and best practices they’ve introduced to the business, these are commercial real estate’s Influencers in Industrial Real Estate.
The deadline for nominations is May 21. To apply, click here.
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