Clint Miller, Avison Young principal and global director of affinity groups Clint Miller, Avison Youngprincipal and global director of affinity groups

CHICAGO—Real estate developers and investors at a recent two-dayindustrial real estate summit staged by commercial brokerage firmAvison Young concluded that the market's continued decade long-runof strong growth will continue with lower vacancy and higher rentalrates in top markets despite some economic headwinds.

"The industrial sector has experienced significant growth overthe past 10 years as ecommerce and supply chain realignment havereshaped the way businesses utilize industrial space and delivergoods to businesses and consumers," said Clint Miller, Avison YoungPrincipal and the firm's global director of affinity groups. "Whilethere is concern regarding the long-term impact of tariffs and thepotential for an economic downturn, we expect the industrial sectorto weather any storm and maintain positive momentum."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.