Consultants Forum    |   FacilityLocations    |   FastFacility    |   Advertise    |   Subscribe    |   Newsletter    |   RSSRSS
Area Development
Subscribe
Current Issue
Past Issues
State Resources
  
Topics
Asset Management
Business Globalization
Economics/ Government Policy
Energy/Sustainable Development
Labor/Education/HR
Logistics/Infrastructure
Site Selection/Facility Planning
Taxes/Incentives
Special Presentations
Annual Corporate & Consultants Survey Results
Annual Gold Shovel Economic Development Awards
Economic Developers Directory
Leading Metro Locations
Top Site Selection Factors
Top States for Doing Business
Market Reports
Aerospace
Automotive
Biotech
Food Processing
High Tech/Nano/Electronics
Medical/Pharmaceutical
Other Industries
Plastics
Inward Investment Guides
Location Canada
Location USA
Departments
Front Line
International Location Reports
Location Notebook
News Items
Studies/Research/Papers
U.S. Regional Reports
Viewpoint
Services
Consultants Forum
Newsletter  |  RSS RSS
Subscribe to Area Development Magazine
Advertise
About Us
Contact
Related Sites
FastFacility
FacilityLocations
Consultants Site Guide
FastGIS
Newsletters
Email Address*
Primary Industry
Area Development Homepage >> Studies/Research/Papers >>
Grubb & Ellis: 2011 Real Estate Forecast
Grubb & Ellis expects the industrial real estate market to generally improve in 2011, but fuel prices will affect the sector in unpredictable ways.
Grubb & Ellis (1/10/11)
 
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.

 
RELATED TOPICS AND ARTICLES
 
 
 
 
 
 
ASK AREA DEVELOPMENT
Have questions, comments or concerns about this article? Submit to Ask Area Development here and the author or an expert from our network of site selection and facility planning professionals will answer:
News Items
 
Around The Web
 
Studies/Research
News Items
 
Around The Web
 
Studies/Research
INFICON Expands East Syracuse, New York, Manufacturing Hub
03/10/2014
Two Islip, New York, Manufacturing Firms Plan Expansion Projects
03/10/2014
V-Tech Engineering Increases Its Adams County, Indiana, Manufacturing Center
03/10/2014
Delta Furniture Company Expands Its Pontotoc, Mississippi, Production Facility
03/10/2014
Swiss-Based Digital Printer Manufacturer, Wadjet, Opens North American Subsidiary In Laguna Niguel, California
03/10/2014
Green Applications Invests $9.75 Million To Locate Manufacturing Center In Gordonsville, Virginia
03/10/2014
Core Molding Technologies Invests $6.4 Million In Cherokee County, South Carolina, Manufacturing Center
03/07/2014
AddThis Feed
Email Tips: Send Us Business Expansion or Relocation News
<< More Recent Next >>
28th Annual Survey of Corporate Executives: Availability of Skilled Labor New Top Priority
Area Development Magazine Special Presentation
Manufacturers Surveyed in Q4 2013 Optimistic About the 2014 Economy
Geraldine Gambale, Area Development Magazine
The Need for Increasing the Capacity of Public Transportation Infrastructure
Area Development Online Research Desk
New Technologies Transforming Manufacturing, Changing Competition
Area Development Online Research Desk
C-Suite Must Show Higher Awareness and Involvement in Pursuing Tax Credits & Incentives Opportunities
Area Development Online Research Desk
JLL: The State of Industrial Real Estate
Aaron Ahlburn, Jones Lang LaSalle
How E-Commerce Is Changing the Face of Industrial Distribution Center Real Estate
Richard H. Thompson, Jones Lang Lasalle
Five Tax Reform Measures to Boost U.S. Investment and Economic Growth
Area Development Online Research Desk
Shale Boom to Cut Deficit, Enhance Manufacturing, and Add to Household Incomes
Area Development Online Research Desk
Top States for Doing Business 2013: Site Consultant Survey Results
Area Development Magazine Special Presentation
All Studies/Research/Papers

Share