E-commerce will be one of the key drivers of US industrial real estate in both the near and long term, and in addition to such firms’ growth, big-box retailers continue to push into the sector, a CommercialEdge report said.
The national industrial space vacancy rate was 6.7 per cent in August, up by 30 bps month on month, whereas 369.3 million sq ft of industrial space were under construction.
The national industrial space vacancy rate was 6.7 per cent in August, up by 30 bps month on month, whereas 369.3 million sq ft of industrial space were under construction.