In a sponsored report published in the October issue of Institutional Real Estate Americas, Clarion Partners surveys the signs that the U.S. industrial market is entering a new development phase, arguing that as big-box leasing and aging warehouse stock contributes to a demand recovery, multiple structural supply constraints will slow the development pipeline, leading to a development cycle that will primarily benefit experienced, highly capitalized developers.
“The next industrial expansion is likely to be characterized by measured, selective development rather than excessive new construction. Developers with entitled sites, strong balance sheets, and deep local expertise should be best positioned to capitalize on that environment.”
To learn more, access a pdf of the sponsored report by clicking here.
