Report | North America Industrial Outlook - Q4 2010
Sales of industrial properties during Q4 2010 were the highest in almost three years. California markets are the most active. Dallas and South Florida tripled the national growth rate average, while Chicago was among the most sluggish markets. Leasing activity remains fragile, propelled by larger deals and consolidation. Prices should bottom in early 2011, then slowly rise. Construction remains muted, but build-to-suits are increasing and more spec development could follow.
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