In some major U.S. distribution hubs, record-high development of unleased logistics properties now risks tilting the industrial market more in tenants’ favor during 2023, particularly if the economy slips into recession as an increasing number of market participants are beginning to expect.
Record Speculative Development Unlikely To Upend Inland Empire’s Industrial Space Shortage
Rising Interest Rates May Also Limit Number of Developments Set To Complete in Coming Years
CoStar Analytics
November 4, 2022 | 5:30 P.M.
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