Why Industrial Real Estate Demand is Surging
Unsurprisingly, the Industrial sector of the commercial real estate industry is in high demand. It was a growing trend before the pandemic and accelerated with the giant e-commerce demand during COVID-19. According to Transwestern reports, after a boom year in 2020, Q1 2021 was the second straight quarter of more than 100M SF of positive net absorption nationwide for the sector.
Below are a few interesting articles in support:
- Ares Management to Buy $11.6B Industrial Real Estate Manager Black Creek
- Target Boosting Distribution Expansion With 5 New Sortation Centers
- Terreno Realty Corporation Acquires Property in Seattle, WA for $16.5 Million
Saunders Seismic specializes in performing seismic retrofits in occupied industrial warehouses. Assessing a building’s expected value of Scenario Expected Loss (SEL) resulting from specific earthquake ground motion is essential. SUL is the expected or mean loss resulting from the damage experienced due to a 475-year return period earthquake, and therefore, it determines a building’s seismic risk.
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