Mar
08

U.S. Industrial Sector Outperforms Other Property Types

By
– Global Real Estate Monitor

It may not be considered the sexiest or most exciting property type, but industrial real estate’s stability and growth opportunities in 2010 put the sector head and shoulders above other types of commercial property.

“There was less overbuilding in the industrial sector and overall vacancy is below that of retail and office properties, so fundamentals are better and perhaps more appealing,” says Micheal Palmer, senior managing director with Studley’s Houston office. “When the economy truly picks up, industrial users are at the forefront of activity to meet demand and landlords may be able to increase rates at that time, likely in advance of office and retail owners.”

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://nreionline.com/globalrealestate/mar10_article1.html
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