Meanwhile, industrial sublease inventory has grown in recent months, prompting questions of whether the warehouse market is in for a correction as economic headwinds, higher cost of capital and overall uncertainty challenge the industry., director and head of industrial research for the Americas at Cushman and Wakefield PLC , said industrial leasing has slowed significantly in recent months, especially compared to 2021.
"That flooded the market," she continued."Our absorption was in the red. I do not foresee that happening for us at this point ... a touch of oversupply is definitely possible toward the end of the year, however ... we’re definitely in a better place fundamentally." "The record number of facilities under construction in 2022 will result in record deliveries in 2023," Ortiz said."The pandemic fueled unprecedented demand for industrial space, with many companies taking on additional space to satisfy a 'just-in-case' inventory strategy. With waning demand, companies realized that they overestimated the amount of industrial space they needed, thus an increase in available sublease space.
Because interest rates have hiked so quickly, and aggressively, developers that had tied up sites and were looking for equity partners have been having trouble finding those partners because of congestion in the debt markets, Foster said.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Phoenix Suns partner with discount prescription card company - Phoenix Business JournalA prescription drug discount card company that used to be headquartered in Scottsdale has signed on to be a sponsor for the Phoenix Suns.
Källa: phxbizjournal - 🏆 254. / 63 Läs mer »
Schott opens manufacturing facility, US headquarters in Phoenix - Phoenix Business JournalA global company known for manufacturing high-tech materials based on specialty glass, has selected Phoenix for its U.S. headquarters. Its new 40,000-square-foot laboratory is the first to focus on life sciences products.
Källa: phxbizjournal - 🏆 254. / 63 Läs mer »
Arizona business leaders upbeat in JPMorgan Chase surveys - Phoenix Business JournalNational economic pressures are being felt by business leaders in Arizona too, but many indications suggest that Arizona business leaders are feeling a bit more positive about the overall situation than leaders in other states. Here's how the numbers break down.
Källa: phxbizjournal - 🏆 254. / 63 Läs mer »
Arizona Community Foundation exec Lisa Urias to join Katie Hobbs' cabinet - Phoenix Business JournalLisa Urias has resigned her executive post with the Arizona Community Foundation to take over a high-profile state agency and be part of Gov. Katie Hobbs' cabinet. Separately, Hobbs said that she would retain the current CEO of the Arizona Commerce Authority in the new administration. 🤔
Källa: phxbizjournal - 🏆 254. / 63 Läs mer »
First Solar, Axon gained billions in market value, while Carvana, Microchip lost big - Phoenix Business JournalOf the 54 publicly traded companies based in the Grand Canyon State traded on Nasdaq and the NYSE, 81% saw their market capitalization decrease in 2022, a Business Journal review found.
Källa: phxbizjournal - 🏆 254. / 63 Läs mer »
Amanda Jacobs of Fountain Hills eyes new housing, redevelopment - Phoenix Business JournalFountain Hills' new economic development director is looking to expand the business ecosystem in the East Valley town. The town is landlocked and can't expand its boundaries through annexation, so developing vacant land and being strategic about the redevelopment of underutilized assets is key.
Källa: phxbizjournal - 🏆 254. / 63 Läs mer »