While the single-family market is struggling under the weight of 5% mortgage rates, commercial real estate, led by the industrial market, has continued to march on. Prices per square foot sold are already up 20% compared to 2021 (Commercial Observer). In addition, construction activity and market rent growth are at record highs, while cap rates and vacancy rates remain at record lows. Much of industrial’s ongoing success is due to the strength of e-commerce sales, which have maintained a 19% share of total retail sales despite the pandemic coming to an end (DigitalCommerce360.com). Although the threat of inflation continues to grow as real wages fall and inflation-adjusted retail sales begin to stagnate, the industrial market remains resilient.

I N D U S T R I A L   N E W S

Industrial’s Eye-Popping Numbers Will Be Tested By Interest Rate Hikes
Globe St. – May 24, 2022
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Industrial Market Pulling Ahead Despite Headwinds
Commercial Property Executive – May 26, 2022
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Industrial Revolution Continues: ‘Ongoing Boom’ Draws Out Latest Crop Of Newcomers
Bisnow – May 30, 2022
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National Industrial Real Estate Prices Climb 20 Percent, Sales Nearing $19B In 2022
Commercial Observer – May 24, 2022
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No End To The Boom Times? U.S. Industrial Market Still Thriving
After Record-Setting Months
REJournals – June 2, 2022
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R E G I O N A L   N E W S

A $1 Billion Expansion Of The Houston Ship Channel Kicks Off After 12 Years Of Planning
Houston Chronicle – June 1, 2022
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Dallas-Fort Worth Is Building More Industrial Space Than Anywhere Else In The Country
CoStar – May 31, 2022
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San Antonio Ranked As The Fastest Growing City In The Country, According To New Data
San Antonio Current – May 26, 2022
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New Industrial Park Coming To Northeast Houston
Connect CRE – May 26, 2022
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Chicago Big-Box Industrial Keeps Breaking Its Own Records
Bisnow – May 24, 2022
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