Industrial Real Estate is still rising according to the latest data. Vacancy rate hit an all-time low in 2017 and rent growth outpaced all other commercial sectors according to Ten-X.
They also predicted that the market would continue to tighten through this year, and marked LA as a particularly good market for investment. Mostly caused by the increased demand for technology centers and the cannabis industry.
Industrial Real Estate remains a star performer.
With strong fundamentals and record-breaking occupancy and rents, construction is still booming.
As companies are putting a lot of effort and investments in modern, multilevel distribution hubs, in densely populated markets, to ensure to get their products to costumers quickly.
If you want more information on how to invest in the growing segment of Industrial Real Estate or others, call me directly (310) 993-9507 or email me at kelly@kellysorensen.com to discuss, we have the expertise you are looking for.
Kelly Sorensen – Executive Vice President
First Financial Bancorp.
