The industrial commercial real estate sector is showing great recovery, as evidenced by leasing at pre-recession levels and a decreasing industrial property supply, according to PR Log and based on an interview with Cushman & Wakefieldb s Jim Dieter. Industrial leasing in the first quarter was the highest itb s been since 2007.
The improving economy and especially a growth in U.S. manufacturing have contributed to the positive progress in the industrial market. Despite skyrocketing energy costs and high unemployment, Dieter expects the positive industrial trends to continue, according to the PR Log.
Web re very glad to see this good news for the industrial market. At Morris Southeast Group, we specialize in industrial properties and offer a variety of commercial real estate services. Contact us at 866-930-1426 for your South Florida CRE needs.
Tags: commercial real estate, CRE, industrial property, industrial real estate, Morris Southeast Group, South Florida, South Florida commercial real estate services