American port cities are expected to see a rise in demand for industrial property, according to Colliers Turleys 2013 Market Predictions. Demand will be driven by new post-Panamax routes to East Coast ports as well as the Panama Canals expansion.
Factors such as growing industrial demand, low construction output, and high industrial yields will also increase investor interest in the sector. Increasing trade with emerging foreign markets will also boost the need for warehouse space, according to the predictions.
Projections estimate gross domestic product will rise from 2.0 percent to 2.5 percent this year, with the majority of growth taking place in the latter part of the year.
Investors Set Sights on Industrial Sector
Factors such as growing industrial demand, low construction output, and high industrial yields will also increase investor interest in the sector. Increasing trade with emerging foreign markets will also boost the need for warehouse space, according to the predictions.
Projections estimate gross domestic product will rise from 2.0 percent to 2.5 percent this year, with the majority of growth taking place in the latter part of the year.
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