Industrial

In the second half of 2020, large-scale speculative construction projects or expansions at existing industrial parks were announced in multiple Florida markets.

Even small changes in the supply and demand driven by e-commerce could change the sector's dynamics.

Industry veteran, Robert Thornburgh joins the organization from Kidder Mathews, where he previously served as a shareholder and regional president of brokerage.

Investors have continued to buy up major industrial portfolios and assets in early 2021.

New trends include an influx of New York City family offices chasing industrial product, particularly in the Southeast region.

NAIOP's latest survey shows increased investment for resilient asset classes, like industrial, but challenges in other asset categories.

The 1031 exchange marketplace operator had $408 million in deal volume last year, up 77% from 2019 when deal volume totaled $230 million.

Overbuilding and tenants that are struggling with the pandemic are two possible challenges that the sector might face.