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U.S. Industrial Forecast | November 2011
November 17, 2011Cushman & Wakefield | Thalhimer is pleased to present:
Industrial market conditions in Virginia and North Carolina have followed the national trend, showing steady signs of improvement over the past several quarters.
Rents are stabilizing and with little new construction currently in the pipeline, rising demand should cause industrial real estate markets to tighten considerably over the next five years. Port cities like Norfolk should see tightening before inland markets.
Our U.S. Industrial Forecast reports projected market conditions in the largest markets for the Warehouse/Distribution, Manufacturing and Flex Space sectors through 2015.
Click HERE to see a full copy of the U.S. Industrial Forecast.
This report and a wide range of Business Briefings, White Papers, Special Reports and more can be accessed on our Knowledge Center.
http://www.cushwake.com/cwglobal/jsp/kcLanding.jsp?Country=GLOBAL&Language=EN
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Posted in: Industrial, Charlotte real estate, Richmond real estate, Hampton Roads real estate, Fredericksburg real estate, Roanoke real estate, General Comments
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This eight building, 172 unit, 1938 vintage property required a complete renovation in order to remain competitive. It also had property supplied utilities that were becoming increasingly expensive to maintain and operate.
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