Industrial Real Estate Opportunities in U.S. First-Mile Markets

originally published by TJ Parker for NAIOP Research and Publications

Industrial remains the darling of commercial real estate during the current cycle. Investor enthusiasm has remained strong, with total returns as measured by the National Council of Real Estate Investment Fiduciaries (NCREIF) in double-digit territory over the past cycle and demand showing no signs of slowing, especially as supply chain issues remain a crucial consideration for businesses and real estate developers. While last-mile industrial has been the focus of much of this investment, first-mile industrial is starting to attract attention. 

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