Real Assets
The high-growth region includes more than half of the country’s industrial development pipeline, according to CommercialEdge data. : Following the explosive growth of the industrial sector in 2020, developers continue to move forward, with nearly 370 million square feet of projects underway at the end of April, according to CommercialEdge data. The rapid expansion of e-commerce companies persists in driving demand for modern facilities, as does recovering port traffic volumes. As demand pushes costs higher in supply-constrained, mostly coastal markets, many developers have accelerated plans in lower-cost inland markets, with a heavy emphasis on the Sun Belt region.