Industrial sales in 2017 are expected to exceed 2016 totals, and are estimated to be at the second highest volume since 2007. Sales so far this year total $24 billion, with 245 million sq. ft. of industrial space trading hands, according to John Huguenard, international director of industrial capital markets Americas with real estate services firm JLL.
In May, the percentage of survey respondents who said they were “not sure” where we are in the cycle rose to 10 percent.
