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LOS ANGELES-New research from CBRE predicts that industrial demand will remain strong over the next two years, bringing industrial availability rates down to 11.2% in 2014 and 11.1% in 2015. This is a significant drop considering industrial availability rates were 11.7% in Q3 of 2013.

International trade continues to expand, with exports 10% above their pre-recession peak,” says Jared Sullivan, CBRE Econometric Advisors senior economist. “Industrial production recently hit its pre-recession high, and we expect it will grow further as the US continues to benefit from increased international competitiveness. Inventories remain positive, which will further boost the necessity for industrial space.”

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