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