CommercialEdge just released its June national industrial report, analyzing the U.S. industrial market’s performance through May 2022.
Inflation and rising interest rates are about to change the national industrial market on many levels. While some buyers contemplate drawing back from the market, bullish investors are keeping an eye on vacant properties and on those with expiring leases to profit from increasing lease spreads, and others may even take into account investing in negative leverage deals.
Other key takeaways include:
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The average national rent for industrial space inched up to $6.53 per square foot
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Vacancies tightened to 4.7% nationwide, with the Inland Empire squeezed to 0.6%
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The national construction pipeline reached 656.5 million square feet
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Q2 2022 is on track to mark the seventh consecutive quarter of sale price gains
For more insights and market-specific data, check out our full report here:
https://www.commercialedge.com/blog/national-industrial-report/
