The Momentum Continues
Growing optimism for the region has placed the industrial asset class on top, yet again. Continued strong economic indicators paired with a bustling deal flow in the second half of the first quarter has the industrial market keeping pace with the previous year. The e-commerce sector continues to be a primary driver of tenants in the market. Tenant requirements observed are becoming more conservative in nature, containing less speculative estimates of additional space for future demand. Capital market lending remains robust, as institutional and private capital has been flowing into the East Bay, seeking stable returns on long-term industrial deals in the unclear market forecast.
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