Shallow-bay industrial real estate is attracting greater institutional interest as investors look for durable income, constrained supply and exposure to a diverse base of small and medium-sized businesses. In an exclusive interview with IREI, Michael Moriarty, head of acquisitions at Speed Bay Warehouse Solutions, discussed the growing institutional interest and the factors supporting the sector’s investment case. He also discussed how increased institutional and private equity interest is changing the sector, as well as how competition for infill land and data center development could further constrain supply and support rent growth over the long term.
What differentiates shallow-bay industrial from other industrial property types from an investment standpoint, and what characteristics make it particularly attractive to institutional capital?
Shallow-bay real estate assets — which we define as properties with building sizes ranging from 75,000 squ
