A rendering of an industrial project Matan is developing  A rendering of an industrial project Matan is developing

WASHINGTON, DC–Conditions couldn’t be more favorable for the industrial asset class right now. But traditional industrial tenants? Not so much. They are titling against fundamentals that include less inventory and rising rents. They are also going up against new tenants competing for the same space, such as e-commerce retailers that must have last mile delivery options and locally-based food producers, wineries and brewers that are targeting this space as well, especially within urban areas.

In DC these trends translate into some disconcerting numbers, according to JLL – namely that rents have jumped 9.4% over the past 12 months.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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