The Rising Appeal of Industrial Real Estate
by Carrie Rossenfeld | July 30, 2018
The demand for high-quality industrial real estate shows no sign of abating. The change in how consumers shop, coupled with a growing economy, is fueling significant industrial rental growth and, even amidst construction activity, vacancy levels are at all-time lows in most markets. In fact, industrial is the only major commercial property type to show growth in annual sales volume, according to a report from CoStar.
SoCal Real Estate spoke with Jonathan Pharris, president and co-founder of CapRock Partners, a Newport Beach, California–based industrial real estate investment and development firm, about why industrial is such a lucrative property type for investors and his outlook for the sector over the next three to five years.
SoCal Real Estate: Why is industrial real estate becoming more attractive to investors? …
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