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Q2 industrial real estate activity points to tight market conditions, reports JLL

JLL observed that the combination of leasing and construction activity in the quarter helped drive industrial real estate momentum, with market availability extremely tight, due to all-time low vacancies and new market-high rents. What’s more, she added that as steel shortages and fluctuating prices continue, there has been a minimal impact on the construction pipeline, which saw 69 million square-feet delivered in the second quarter.
Source: logistics Mgmt

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