CORFAC International Experts Weigh In on Industrial

WASHINGTON, DC-GlobeSt.com spoke with Sim Doughtie, principal of King Industrial Realty/CORFAC International in Atlanta, GA, and David Boyd of Boyd Commercial/CORFAC International based in Houston TX at CORFAC's recent International's Fall Summit. In general, conference attendees reported a robust environment for commercial real estate. But for industrial in particular, the duo tells GlobeSt.com, the asset class is hitting it out of the park. "Of the 45 CORFAC member firms covering industrial in North America, 38 are up in absorption and rental rates," Boyd says. "That is a noticeable improvement from last year." Doughtie and Boyd talk about their respective markets and how each is benefiting – in their individual and sometimes differing ways – from the boom in industrial. Bottom line for both cities is that, it is, as Doughtie says, "a good time to be in industrial right now."

In this video you will learn:

•  Why Houston's industrial sector is burgeoning in industrial (think oil and gas);

• What activity is driving Atlanta's industrial resurgence;

• How long the industrial expansion will continue;

• The impact e-commerce is having on industrial;

• Details about the growth of spec industrial development – where is it occurring and why;

• Who is investing in industrial these days;

• What are some of the game changers.