There is some oversupply in some industrial markets, and land prices are still high, but a buying window is emerging for disciplined investors, according to Jon Pharris, co-founder and president of CapRock Partners. In an interview published in the October issue of Institutional Real Estate Americas, Pharris discusses CapRock Partners’ investment approach to industrial real estate in today’s market. “The industrial sector is resilient, and provided leasing fundamentals maintain near pre-COVID absorption levels, industrial will probably have the least amount of distress of any major real estate product,” says Pharris. “That being said, some distress is inevitable, given the frothy pricing in 2021 and beginning of 2022.” To access a pdf of the Sponsored Section, click here.
