Industrial report predicts 2011 industrial recovery
Interesting report by CA based Marcus & Millichap Real Estate Investment Services. Predicts the industrial recovery to be 2011, maybe even 2012. While the report is about the recovery of the industrial investment market (i.e. not the user market), it does show the differing opinions out there re: the recovery. Seems the difference in most opinions is in the area of “absorption”. No one seems to dispute the recovery…just the speed of the recovery (i.e. how quickly will the existing inventory be absorbed).
See attached report: Marcus & Millichap Report