Outlook for Big Box Remains Strong Despite Headwinds

The outlook for the industrial big box sector remains strong despite headwinds that include scarcity of suitable land, skyrocketing rents and ongoing supply chain woes. 

“Supply chains will continue to be modernized as companies keep more inventory on hand, prompting the need for more logistics space. This bodes well for the future of industrial construction, industrial conversions and multi-story warehouses,” Colliers analysts note in a new report. “Despite the rare headwinds to the industrial sector, the big-box market remains poised for continued growth. The North American economies continue to recover from the pandemic-related challenges, which will benefit the big-box market for years to come.”