chi-hsa (2) Commerce Farms V, a 652,000-square-foot speculative industrial building being developed by Chicago-based HSA Commercial at Commerce Farms Business Center in suburban Nashville.

CHICAGO—The expansion of e-commerce has helped fuel much of the recent growth in the industrial real estate market, especially within the distribution sector. However, even though those gains are real and significant, the sector has other sources of strength, and these should help sustain demand, and an on-going construction boom, for at least another 18 months.