Sep 15, 2017 - 0 Comments - Industrial -

Video: Reis Economis Barbara Denham on The Future of Logistics, Ports & Industrial Real Estate ~ Part 2

Barbara Denham, Economist with Reis, joins host The Commercial Real Estate Show to discuss the topics of industrial, warehousing, logistics and retail. Highlights of the video include:

  • Cap rates are a little higher at 7.5 vs 7.4 a year prior
  • Industrial sector a niche market
  • Hard sector for novice investor
  • Seeing increase in sales volume versus year prior
  • Disparity across country, with some markets much stronger than others
  • Big markets getting bigger and better, smaller markets falling behind
  • Cap rates lower in the west
  • Interest rate question is the biggest enigma throughout this recovery
  • 3 Fed funds raises have not been reflected in 10 year rates
  • Little expectation of inflation by anyone
  • Whole Foods purchase by Amazon has investors wondering what is next for distribution
  • Lack of boom in this expansion seems to be preventing a bust
  • Every single industrial sector is seeing vacancy rates declining and positive rent growth

Watch part 1.