Barbara Denham, Economist with Reis, joins The Commercial Real Estate Show to talk about industrial buying and selling, retail, and e-commerce while looking at the impact on the economy. Highlights include:
- Warehouse and vacancy rates 9.7 from 9.9 in prior quarter and 10.3 last year
- Strong net absorption in industrial property market
- Q2 rent growth 0.6%
- Lot of strong construction is happening across country to meet optimistic demand outlook
- Consumer confidence strong than one would expect at this point in the cycle