This week the Industrial and Logistics group at Jones Lang Lasalle outlined five factors that are making the U.S. industrial market resilient and attractive for new investment. “Low U.S. interest rates, positive economic indicators and an increasing demand for prime, well-located logistics property are some of the other elements bringing focus to U.S. industrial assets such as warehouses and distribution centers.” They continued, “other factors such as the revival of the U.S. manufacturing sector, the trend toward on-shoring manufacturing back to the U.S., and the demand for big box distribution space by the thriving e-commerce sector, are driving developers and investors toward U.S. industrial real estate.” While these market forces are expected to have more impact on coastal and near coastal markets, these factors will also help industrial real estate in Utah as companies continue to position themselves for the growth expected in the intermountain west.
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