John Tipton

LOS ANGELES—The industrial market is unstoppable. According tothe recent Allen Matkins UCLA Anderson Forecast, whichprovides a three-year outlook of the industry, the industrialmarket has the most positive outlook among real estateprofessionals. In other sectors, namely office and multifamily, themarket seemed to be softening; however, the industrial sectorremains active and healthy for the foreseeable future.

According to the experts that participated in the forecast,ecommerce remains the chief driver of the industrial market,especially in infill markets. “The steady eddy is industrial. Ifyou look at the industrial market, it has remained strong. That issomewhat, at least as far as the UCLA economists are concerned, isbecause of a profound shift toward ecommerce,” John Tipton,an operating partner at Allen Matkins, tells GlobeSt.com.“So many people are ordering are ordering so much stuff, and youneed somewhere to put all of it. As a result, the industrial markethas stayed really strong, and you can see that professionals in oursurvey were overwhelmingly positive and some cases are increasingin positivity.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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