Starved for space: Demand for industrial still far outpacing supply
6 May 2022
News
Not even the disruptions of the COVID-19 pandemic, Russia’s attack on Ukraine and rising inflation have stalled the still red-hot industrial market, according to the first quarter national industrial report released recently by Newmark.
The United States saw 103.5 million square feet of industrial absorption during the first quarter of the year. According to Newmark, this marks the fourth consecutive quarter that the country’s industrial market has reached more than 100 million square feet of absorption.
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