The good news is that the markets with the most new construction will be able to handle the resultant vacancy challenge. The bad news…well, according to Marcus & Millichap’s Adam Lewis, there isn’t any.
The sale of distribution warehouses accounted for a third of the second quarter deal volume among industrial properties, according to Real Capital Analytics.
Predictions about recovery in 2021 are predicated on the idea that a vaccine will be available sometime during the year.
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