US industrial investment outlook
National industrial vacancy experiences 10.0 basis point increase but remains more than one percentage point lower than past cycle lows.
Momentous industrial transaction volumes in 2018 will overshadow 2019 figures, but investor appetite remains robust.
Share of transaction volumes in secondary and tertiary markets rises in first quarter.
Sources of capital
The average size and breadth of industrial transactions continues to accelerate throughout the sector, driven by expanding buyer pool.
Sources of risk
Industrial buyer pool likely to shift to smaller trades in 2019, as ability for investors to acquire +$500.0 million transactions is tested.