Feb 22, 2017 - 0 Comments - Industrial -

Video: Reis Senior Economist Barbara Denham Provides U.S. Industrial Property Market Update

In this brief video, Barbara Denham, Senior Economist at Reis,  discusses the industrial property market nationally, including performance and trends in rent and vacancy.  During this video a chart is displayed showing, over the past several years, steady rent growth and a (likewise) steady decline in vacancy rates.  Ms. Denham notes that last year 78 million square feet of industrial property was constructed, and a similar amount is projected over the next year.  She further noted that they projection 100 million square feet of absorption, and thus a declining vacancy rate. She stated that they project rent growth to lessen to about 2.4% over the year. Asked about the impact of the election of Trump to the Presidency, she opined that – particularly if a trade war ensues – industrial property could definitely be impacted, but that they have not yet including any such effect in their projections.