2021 End of Year Report | Industrial

 

The U.S. industrial market witnessed a stellar year in 2021, recording as one of the best-performing asset classes with property pricing climbing faster than any other sector. Vacancy rates fell at the fastest pace ever (4.3 percent), rent growth reached a record high (7.8 percent), and cap rates pushed into record lows (6.4 percent). According to RCA, the industrial sector hit a record annual pace in 2021, stating activity is not from one-off impacts of entity-level deals but is a broad-based expansion composed of many small assets trading