According to the report, entitled “2012 National Real Estate Forecast,” Although logistics accounts for a quarter of the total space industry, it has captured 70 percent of the total demand since the second quarter of 2010. And while the overall cumulative demand real estate industry does not turn positive until the end of 2011, cumulative demand on the logistics in positive territory in the mid of 2010 grow by 75 million square meters by the end of 2011. Grubb and Ellis also pointed out that since 2001, about 70 percent of all new construction of logistics related to the building, with a supply rate generally exceeds the demand.
In an interview with LM, Team Feemster, Grubb
“What companies are doing is basically trading,” said Feemster. “If they are in class b buildings on the tenant in the market over the last year and a half, they can go from 200,000 300,000 square meters building class a at the same time rent level or close to it. When we talk about the logistics of the building, they are buildings that are at least 100,000 square feet.
See logistics vacancy rates AS, Grubb