The final quarter of 2022 saw total inventory of over 17 billion square feet and new supply rising 25.9% year over year to 138.4 million square feet. However, the development pipeline is full and should satisfy occupier demand, the report said. Additionally, new industrial starts are forecast to decline following record development levels over the past year. Occupancy growth is predicted to be negatively impacted by deteriorating economic conditions. The overall vacancy rate in industrial properties is expected to go up by 120 to 150 basis points, owing to the prospect of slowing demand.
industrial real estate sector is expected to ease in 2023 after record construction and net absorption in 2022, according to Colliers International Group Inc.'s U.S. S&P Global Market Intelligence offers our top picks of real estate news stories published throughout the week.Īctivity in the U.S.
0 kommentar(er)
