Numerous articles have been written about the strain the pandemic has had on global and domestic supply chains. Transportation costs are up across the U.S., putting pressure on companies to change their location strategy to lower costs and risks.
The newest challenge is also due to supply, but this time it is industrial real estate. Demand for space across the U.S. is exploding, and supply can’t keep up. As a result, the latest reports show that industrial lease rates reached all-time highs in the first quarter of 2021.
However, there is more keeping industrial occupiers awake at night. Read more here.