Industrial real estate has already been called a winner in this recession, and it isn’t hard to see why. The e-commerce business is booming (have you checked Amazon’s stock lately?) and industrial holders will be a direct beneficiary of that business, with some outlets already talking about the need for excess space. However, the industrial market isn’t invincible from the pandemic pain. Mandated retail closures will ultimately have an impact on industrial supply and rents, particularly in major markets like the Inland Empire.
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