Despite strong overall demand, rising interest rates are changing the fundamentals of industrial sales deals with retrading becoming ubiquitous. 

Lately, 100% of the retrading activity has been for that reason, according to NAI Global brokers during the July Logistics Conference Call. 

One broker said that institutional investors are putting everything on hold for 5 to 6 weeks to see how interest rates shake out, according to NAI Global.

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