These are challenging times for all commercial real estate sectors. But the industrial sector continues to show its resilience even as interest rates continue to rise.
Cushman & Wakefield recently reported that the U.S. industrial market saw a new average rental rate of $9.59 a square foot, another sign that this sector remains strong.
Jason Price, head of Americas Industrial & Logistics Research for Cushman & Wakefield, recently looked at the long-term health of this sector in this video.