E-Commerce & Logistics: Occupiers Only, Please
Think Site Selection and you think of the corporate decision-maker’s perspective. Think Cresa and you think pure-play tenant representation, i.e. the globe’s leading commercial real estate advisory firm that exclusively represents occupiers. Here, by special arrangement with Cresa Head of Research Craig Van Pelt, we present excerpts of the newly released Cresa Logistics Index, which examines the top 100 U.S. industrial markets by warehouse/industrial inventory through the lens of being either tenant or landlord favorable. Indexed across market rent, occupancy and building metrics, the report’s top 20 markets by overall tenant favorability are featured below, along with top tenant-favorable markets across the three metrics categories. —Ed.
The purpose of the Cresa Logistics Index is to provide a snapshot of broad market conditions and to compare these to other markets. Fast-growing markets with oversupply and rising availabilities are the most tenant favorable. Several different categories were evaluated and ranked from 1 through 100 based on whether it was considered tenant favorable or landlord favorable.
See the full article with a Q&A with Craig Van Pelt on the Site Selection website.