Looking Back on 2017 and Forward to 2018
With almost one month of 2018 in the books, we thought this would be an appropriate time to look forward and shed some light on what we believe the 2018 industrial real estate market will look like. Let’s start with the leasing market. 2017 delivered 2.9 million square feet of new product, and we finished the year with an overall vacancy rate of 4.5%. Many of these projects were developed to be able to accommodate the 30,000-60,000 square foot users. This need is driven by t
Four Steps to Success in a New Year
It is the first full week of 2018, and we already know this year will be different than the last. The new tax laws are in place, e-commerce continues to explode, distribution channels are being re-evaluated, the loss of Xceligent and several other issues will all have an effect on the industrial real estate brokerage business. Economists have differing views and forecasts for the year ahead, and this uncertainty can be stressful to those of us with jobs in professions whose i
