Posts Tagged ‘speculative development’

Where Has All the Development Gone?

Construction activity has always been a good benchmark of the industrial sector’s strength. However, with the extended lag time between concept and completion, it may be better viewed as a confirmation of where the industry has been over the last 12 to 18 months. With that in mind, it should come to no surprise that [...]

If You Build It Will They Come?

It’s true that industrial leasing is up 25.6% from last year. But remember that last year’s activity was weak at only 230.8 msf, well below the 10-year average of 305.5 msf. Decreased demand and a lack of financing for development have resulted in extremely low construction levels of industrial product. Through mid-year 2010, just over [...]