Source: MMH Editorial
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CBRE research highlights another quarter of declining U.S. industrial real estate availability
In its “U.S. Industrial Availability Index,” CBRE reported that the availability rate for U.S. industrial real estate fell ten basis points to 7.2% in the second quarter, which is its lowest level since 2000. CBRE said this represents the 32nd consecutive quarterly decline, with demand for industrial property continuing to outpace supply. What’s more, CBRE said this is the longest quarterly stretch of declining availability going back to 1988.