CBRE outlook: Industrial market momentum expected to continue in 2017
E-commerce is expected to drive strong demand, continued rent growth and tight availability in the industrial market.
The industrial market, fueled by the rapid growth of e-commerce, has been the juggernaut of U.S. commercial real estate in recent years. While that momentum eventually will wane, it isn’t expected to do so this year, according to a 2017 forecast for U.S. commercial real estate.
The report, “U.S. Industrial & Logistics,” produced by CBRE Group, Los Angeles, predicts the outlook for the U.S. economy in 2017 to be “mildly optimistic,” tempered by uncertainty about the ultimate extent and nature of the new presidential administration’s policies.