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Industrial Outlook

United States

Report | North America Industrial Outlook - Q4 2011

Summary

Another solid quarter of incremental gains help secure a foundation for 2012

Nearly all U.S. industrial markets experienced positive net absorption in the fourth quarter, and the small percentage that did not were virtually flat.  With demand picking back up at year’s end, confidence continues to slowly firm up, with the “big box” logistics sector still driving activity.
 
The aerospace, pharma, food and auto manufacturing industries continue to give Mexico’s industrial property market a boost, and their concentration on certain submarkets are now benefitting cities outside of Tijuana, Mexico City and Monterrey, although some other border markets are still struggling.
 
Industrial market conditions improved for the eighth consecutive quarter nationally, sustained by demand in Western and Central Canada, supporting a stable recovery trajectory into the New Year.

 

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