LOS ANGELES—With vacancies approaching 0% in some markets, the industrial sector is hotter than ever. Space is at a premium, and after the big-box renaissance, smaller users are now seeking hard-to-come-by space, said speakers at RealShare National Investment & Finance‘s panel “Big Money for Big Boxes: Why Industrial Remains an Attractive Asset Class.”

Moderator Wayne D’Amico, CCIM, president and principal of Wayne D’Amico & Co. Inc., said of the 12.1 billion square feet of industrial product in the US market, 75% of it is warehouse and distribution, while 20% is manufacturing space. He asked the panelists, “Is it all about warehouse and distribution?”

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