To summarize, here is what we have seen: Positive movement in economic indicators 9 consecutive quarters with positive leasing activity 2+ consecutive quarters with improving rent Low vacancy in many market segments (large spaces and good quality product)
In summary, here is what we should expect in the coming year: Demand will increase New speculative product will begin construction in 2013 Rent will continue to improve Landlord concessions will be reduced Industrial sites for development will remain in very short supply
2013 Industrial Forecast—Paul Breuer