Industrial follows a record-breaking 2016, and remains on pace to hit similar records in 2017 with stats such as:
$43.9 Billion in Investment Sales YTD
34.7% investment sales growth with a 4.8% cap rate
A 1.7% net absorption rate and 5.3% rent growth
2017 total volume in Q3 already the third-highest full-year tally since 2008
With every $1B in e-commerce sales requiring 1.25M SF of distribution space, and e-commerce hitting $491B in 2017, e-commerce players will result in demand for 50-60M SF in warehouse space in 2017 alone.