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The U.S. Property Market Review, produced by the ProLogis Research Group, Denver, CO, contains fundamental market information concerning total warehouse stock in-place, new facility starts and deliveries, asking rents, vacancy rates and additional information pertinent to the warehouse/distribution property markets.
The focus on warehouse/distribution markets is a key feature that distinguishes this report from other industrial property market research, which usually lumps all types of industrial properties together. Yet these separate industrial property types are as distinct from one another as they are from office buildings. They have different uses, different physical characteristics, different customer bases, and different risk/return profiles.
"As the U.S. economy goes, so goes the nation's warehouse/distribution property markets," said Leonard Sahling, first vice president of ProLogis and the head of the ProLogis Research Group. "Judging by the latest readings of the monthly and weekly economic indicators, the U.S. economy appears to have shaken loose from the holding pattern in which it was stuck during the past year."
Key findings of the U.S. Property Market Review include the following:
The report, to be updated semi-annually, is designed to provide reliable information and informed commentary to investors, brokers, customers and other related audiences.
"Finding accurate, timely and targeted data is challenging and time consuming. This report provides both a snapshot of current market conditions plus a preview of how we feel conditions are likely to evolve," said Sahling.
For a PDF copy of the report, go here