IRVINE, CA—Industrial space is in high demand, thanks to the fruitful marriage of shopping and shipping. In the hottest markets, industrial vacancies are at virtually 0%, listings are few and far between and prices are high. In cooler markets, demand and growth are slowing amid high supply levels, making it difficult for owners to capitalize on e-commerce.
The best markets in which to buy industrial space nationwide not only still have some runway left before pricing hits its peak, but also offer properties with redevelopment potential. According to Ten-X Commercial’s Fall 2017 Industrial Market Report, these are the top five buy and sell markets for industrial throughout the country: