Economic pressures have the potential to force developers to shelve new industrial projects, boosting user demand for existing infill sites.
Data from that portfolio offers insight into user demand and the market overall. One indicator that the firm pays close attention to is rent growth. “Renewals are very strong for us. New business is still very good. There’s still demand in Texas and North Texas specifically,” he said. What’s the sentiment you’re hearing in the capital markets?
Our portfolio focuses on . It still appears that there are fewer spaces than users. There’s a caution in the air, but I think that user sentiment with good real estate is still to take it before someone else does.
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