While tallying is still underway, early results show that 2021 was, as expected, another banner year for the industrial real estate market. Estimates vary, but rental rates nationwide are up about 9.5 percent year-over-year, averaging about $7.40-per-square-foot. Construction activity set a new record with 568.2 million square feet underway. However, net absorption continued to outpace new supply, causing the vacancy rate to drop below 4 percent for the first time on record (Globe St). The industrial market’s strong fundamentals attracted an unprecedented level of investment. Through November, sales volume hit nearly $130 billion, up 58 percent over the total in 2020. Cap rates remained in historically low territory, around 5.4 percent (Wealthmanagement.com). However, given the recent pickup in interest rates on the 10-Year Treasury Bond, cap rates may soon bottom as inflation continues to loom.

I N D U S T R I A L   N E W S

Industrial Continued To Shatter Records In Q4
Globe St. – January 6, 2022
Read More

Despite Record High Prices, There’s No End To Investors’ Appetite For Industrial Assets
WealthManagement.com – January 5, 2022
Read More

Office-To-Industrial Conversions Expected To Tick Up In 2022
Globe St. – January 4, 2022
Read More

Warehouses As Ground Zero For Universal Pay? One Expert Thinks So
Bisnow – December 20, 2021
Read More

R E G I O N A L   N E W S

Micron Eyes Greater Austin For $40B Chip Plant
Commercial Property Executive – January 6, 2022
Read More

Clear Height Snaps Up Addison Properties
Connect Chicago & Midwest – January 5, 2022
Read More

Vertical Cold Storage Enters Dallas Market With Acquisition Of Lone Star Cold Storage Facility
Businesswire – January 4, 2022
Read More

Creation Equity To Begin Construction On Industrial Development Mesquite 635
DMagazine – January 6, 2022
Read More

Newly Constructed Industrial Building In Aurora Sells For $33M
Mile High CRE – January 6, 2022
Read More