Grubb & Ellis: 2011 Real Estate Forecast | Grubb & Ellis, industrial real estate

PDF: Grubb & Ellis: 2011 Industrial Real Estate Forecast

Editors Picks

Seeing the Sites Through the Eyes of an Engineer

In Focus: Why Environmental Risk Assessment Is a Necessary Corporate Investment

Achieving Flexibility Through Strategic Workplace Planning

Hidden Costs of Corporate Relocation: Protecting Your Assets

Manufacturers Test Centers of Excellence Model

In a comprehensive forecast of the 2011 industrial real estate market, Grubb & Ellis expects gradual recovery to return to the sector's leasing market. Since the U.S. industrial market hit bottom in the second quarter of 2010 with a 10.9 percent vacancy rate, demand has begun to pick up due to a rise in consumer spending that drove demand for imports.

Vacancy rates dropped to 10.6 percent in the third quarter, and finished the year at 10.4 percent. Now markets such as California's Inland Empire are experiencing renewed demand, again driven by imports.

In 2011, the vacancy rate will hit an estimated 10.1 percent by the end of the year, and 9.3 percent by the end of 2012. And industrial properties in areas near transportation hubs (Chicago's O'Hare and Los Angeles' South Bay) will see user demand spike.

While recovery is expected to strengthen, the effect of fuel prices on expansions remains uncertain.

To see the full interactive presentation, visit Grubb & Ellis.

PDF: Grubb & Ellis: 2011 Industrial Real Estate Forecast

Area Development Homepage >> Studies/Research/Papers >>

12/12/2013

12/12/2013

12/12/2013

12/12/2013

12/12/2013

12/12/2013

12/12/2013

Area Development Online Research Desk

Area Development Online Research Desk

Aaron Ahlburn, Jones Lang LaSalle

Richard H. Thompson, Jones Lang Lasalle

Area Development Online Research Desk

Area Development Online Research Desk

Area Development Magazine Special Presentation

Area Development Online Research Desk

Greg Matter, Jones Lang LaSalle

Area Development Online Research Desk

SPECIAL PRESENTATIONS

Top States for Doing Business 2013: Site Consultant Survey Results

2013 Gold Shovel Awards: Recognizing Excellence in U.S. State Economic Development

Leading Locations for 2013: Ranking MSAs for Economic & Job Growth

27th Annual Corporate Survey & 9th Annual Consultants Survey Results

The States Leading the U.S. Manufacturing Resurgence

Area Development Exclusives

SPECIAL PRESENTATION »

SPECIAL PRESENTATION »

SPECIAL PRESENTATION »

ECONOMIC DEVELOPMENT DIRECTORY »

SITE SELECTION/FACILITY PLANNING »

BUSINESS GLOBALIZATION »

BUSINESS GLOBALIZATION»

Share







Privacy policy / GuidelinesArea Development will select a number of questions to answer each week. An Area Development representative will contact the submitting reader directly with feedback. Additionally, all submissions are eligible to appear online or in our print publication. If your question is selected for publication we will include and publish your first name, job title and industry only. The full identity of the submitting reader will not appear in published format.Area Development will not publish, share with any third parties, or use for marketing purposes any personal information submitted here without the express consent of the submitting reader.