The U.S. industrial sector continued to show its strength, posting favorable fundamentals through midyear. The remainder of 2022, however, should feel the pressure of the headwinds affecting the market –Amazon’s scaling back, continuous interest rate hikes, labor and supply issues, transportation costs, and land availability. The industrial sector is not immune to these challenges and may see occupiers scale back in the latter half of the year.
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Source: “2022 Q2 National Industrial Report“