GLOBEST. REAL ESTATE FORUM PRESENTS
14. 8 billion square feet. That is where industrial demand is
expected to be by 2023, about 850 million square feet away
from where we are today. Without a doubt, the industrial
asset class continues to be white-hot with activity. Yet, there
are signs of fundamentals shifting and in some markets supply appears to be finally catching up with demand. But on
the whole demand looks solid for the foreseeable future.
It would seem easy, at first glance, to navigate this market. All you have to do is find an asset, buy and renovate it
to meet current tenant demands. Or develop one from the
ground up. Lather, rinse, repeat.
In truth, of course, it is far more difficult than that, with
such things as valuation, underwriting and changing trends
in the industry needing to be factored in. In fact, one could
make the claim that the market is that much more difficult
to navigate because activity has been so intense.
Hence our industrial influencers on the next several
pages. We have chosen individuals and teams that have
demonstrated their mastery of these nuances and are thriving in an active-but-complicated market.