Trends Report Shows Digitalization and Deglobalization Driving Industrial Sector

Originally published on April 12, 2022, by Michael Tucker for the Mortgage Banker's Association. 

Digitalization, demographics and deglobalization will drive the industrial market growth in the near future, said Newmark, New York.

“More industrial real estate will be needed to support forecasted double-digit annual growth in e-ecommerce sales,” Newmark said in a report, The Future of Industrial Real Estate: Trends for 2022 and Beyond. “Metros that realized the greatest adult population gains over the past five years have seen a corresponding boom in industrial development. Superregional distribution trends further impact this boom. [And] geopolitical security concerns and continued global supply chain volatility are driving greater domestic manufacturing expansion.”

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