Industrial Industrial availability rates are declining faster than national rates.

HOUSTON—The rapid growth of e-commerce has fueled development of warehouses and distribution centers in the 12 primary US inland-port markets at nearly twice the national rate, according to a new report from CBRE Group Inc. Even with the surge in construction, demand for industrial buildings in those markets is so robust that nine of the 12 have recorded availability rates from post-recession peaks declining faster than the national rate.

CBRE senior vice president Tom Lynch tells GlobeSt.com: “Inland ports don’t have to be right at the port to be economically feasible; in Houston, for example, they can be as far as 60 miles away and still accomplish a company’s objectives. As long as warehouse facilities are within a reasonable distance, consumer goods companies are able to deliver products to their customers in a timely fashion, without having to cope with congestion that usually happens at some of the more major ports.”

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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