Report | North America Industrial Outlook - Q2 2013
Speculative construction is back and is becoming prevalent in logistics corridors, with future announcements anticipated in a handful of secondary markets. Tenant requirements are largely focused in the Midwest, Northeast and Southeast—regions whose vacancy rates exceed the national average. These regions are poised to appreciate in the quarters ahead. Roughly a third of Mexico’s exports are automotive-related. 3PLs, consumer goods and large retail firms are driving leasing activity across Greater Toronto. In Montréal, tenants’ preference for modern, single-tenant facilities continues to apply upward pressure on asking rents.
View our Q2 North America Industrial Outlook video teaser.
To access the report, simply complete the form.