The idea that industrial real estate can be one of the few bright spots in real estate during this difficult time is supported by the favorability of industrial assets by lenders, the fundamentally tight market with historically low debt pricing, and the stability in upward trending warehousing demand, according to Sealy & Company.
According to industry leading executives and research houses, the continued secular shift to e-commerce amid national uncertainty means industrial space will need to accommodate consumer habits formed during this time. Cold storage and last-mile infill centers will specifically incur stronger demand, especially those within centralized and well-populated cities. The ability for logistics and distribution suppliers to reach its consumer quickly and efficiently will be key moving forward beyond COVID-19.
While the need for larger fulfillment centers and warehouse space has grown due to the overwhelming adoption of e-commerce in various ind