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The industrial sector is expected to weather the economic ramifications of the COVID-19 pandemic better than other areas of the economy, according to an Industrial Sector Outlook report by Colliers.

The lessened impact to the industrial properties sector is thought to be due to the high demand for e-commerce projects and groceries. The need for industrial space stays high, with 329 million square feet of industrial project under construction at the end of this quarter.

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Pearl Wu

Pearl Wu is the editorial Recognition Desk Manager at ALM Media.

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