The U.S. industrial market’s performance in September, which shows a slowdown in sales and development. New project starts in 2023 dropped to 177.8 million sq. ft. from last year’s 614.5 million sq. ft. Sales volume also fell from $98.5 billion in 2022 to $27 billion this year through July. Despite this cooling trend, the sector has strong key fundamentals.
Click here for full report: https://www.commercialedge.com/blog/national-industrial-report/
Also released is an in-depth dive into another important commercial real estate sector, the office one: https://www.commercialedge.com/blog/national-office-report/
The 2024 virtual Men’s Round Table will be held Q4, 2024, date TBD.
