01/24/2021
The industrial market started 2020 growing at an unprecedented pace. But despite the COVID-19 crisis, the industrial market remained resilient. In fact, if we were to analyze only the key commercial real estate metrics—such as absorption, vacancy, deliveries, new starts and rent growth—“it would be impossible to tell that we experienced a pandemic and the sharpest contraction of GDP since the Great Depression,” Jason Tolliver, head of industrial logistics research at Cushman & Wakefield, told Commercial Property Executive.
In the fourth installment of our 2021 outlook series, three experts size up 2020 and identify the trends that will define the year ahead.