Commercial Property Herald: Industrial Property Improvement Portend Better Times for #CRE?

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January 30, 2012

Industrial Property Improvement Portend Better Times for #CRE?

For over 4 years, I have been looking for a sign of better economic times. I have seen little blips and blurps at times but nothing really solid leading me to believe that there was light at the end of the tunnel,..........until now.

I don't want to get too carried away with this and truthfully, I have been seeing improvements and solidification in the industrial an warehousing market but the emprovement in 2011 is significant.

The LA Times reports that Industrial property leases jumped nationally in 2011. I think a good part of the improvement is in the pricing. But in this case, I believe that it truly is a philosophy of "lease it and they will come." I suspect that this trend portends more employment. Mind you that I do not see a sky rocket of good times but I do see signs of some improvement here.

Jan 30, 2012 5:19:10 AM | Current Events, Economy

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