POSITIVE TREND CONTINUES IN U.S. INDUSTRIAL FIGURES – According to recently released capital markets research by CBRE, Inc., the U.S. industrial & logistics (I&L) sector continued to demonstrate strong fundamentals in Q2, with 58.8 million sq. ft. absorbed versus 48.9 million sq. ft. delivered. Net asking rents increased 1.7% in Q2 to $7.11 per square foot — the highest level since CBRE began tracking the metric in 1989. The major drivers of supply-chain demand — consumer spending, business inventories and industrial production — all showed measured growth in Q2. For more, go to https://tinyurl.com/y8jfxzfw.
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