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2H21 National Industrial Outlook Report

August 10, 2021 by Marcus & Millichap Research Services

Tenants Covet Space at Each Stage of Supply Chain; Investor Fervor Signals Long-Term Confidence

  • Comprehensive demand drivers strengthen outlook. The industrial sector is emerging from the health crisis well positioned to continue its upward growth trajectory even as the advancement of e-commerce returns to a more sustainable level of expansion.
  • Freight handling trends impact port cities. Consumers’ return to in-store shopping is extending a stretch of record import activity that began last summer.
  • Tech-centric industrial key to dual-channel alignment. Widespread vaccination and the reopening of economies has supported a significant return to in-store shopping across the nation; however, consumers’ reliance on e-commerce is not anticipated to fade.
  • A focus on emerging markets. Industrial users are upgrading distribution networks in secondary and tertiary cities, confident that the movement of families and individuals to areas of lower housing costs and reduced density is a long-term trend.

Report Includes:

 

Click Here To View 2H21 National Industrial Outlook Report

*Forecast | Sources: Marcus & Millichap Research Services; CoStar Group, Inc.; Real Capital Analytics, Capital Economics; Freddie Mac; Moody’s Analytics;
Mortgage Bankers Association; National Association of Realtors; National Association of Home Builders; BLS; Federal Reserve; RealPage, Inc.; U.S. Census Bureau; Wells Fargo

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Filed Under: Research Brief, Outlook Report, Special Report

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2020 Marcus & Millichap and Limon Net Lease Group

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