Pandemic Accelerates Demand Trends for Industrial Property

The surge in online shopping and a trend away from just-in-time inventories are factors that are driving tenant demand for warehouse space.

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Increased demand for industrial space, which has fared better than other real estate sectors during the pandemic, sets it up for more investment in the second half of 2020, according to a report from commercial real estate brokerage Marcus & Millichap.

The surge in online shopping due to the pandemic, along with renewed factory production and improvements in global trade in May and June, meant industrial real estate showed “encouraging performance” in the “volatile second quarter,” the report said.

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Meredith Hobbs

Meredith Hobbs writes about the Atlanta legal community and the business of law. Contact her at [email protected] or 404.419.2837. On Twitter: @MeredithHobbs.

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