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Industrial Sector Shines In The Early Third Quarter

The industrial market has so far been the darling of the coronavirus pandemic, displaying strength as most other asset types have taken a hit.

Demand for e-commerce services and goods have prompted those users to snap up more warehouse space around the country in order to cater to the growing number of people who are opting to order everyday items online. And though early in the pandemic it appeared lease terms might shorten, that trend evened out, and most industrial users are taking the same

long-term bets they typically have.

If there is a good real estate story, it’s the industrial side of the business. Outside of another major shutdown of the country, we think it will continue to follow case here through the end of the year and into next year.

Read the full article HERE.

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The information above has been obtained from sources deemed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for illustration only and do not represent the current or future performance of the property.