A June research report from Prologis (NYSE: PLD) points to several supply headwinds in industrial real estate markets that will make new facility completions fall short of demand over the next decade. The research arm of the San Francisco-based logistics real estate investment trust said land shortages, additional building requirements, increased replacement costs and permitting difficulties are some of the reasons supply will remain tight and rents will continue to rise. Few Spaces Available In Urban Areas Industrial-zoned land in densely populated areas is in short supply.