NYC
Industrial real estate — warehouses, manufacturing facilities, distribution centers, logistics hubs and outdoor storage — boomed as an asset class during the pandemic lockdowns. Its allure for investors has since cooled a bit, but demand is still very much there.
The main drivers of that demand include a booming e-commerce market, regionalization, a shift in globalization, and consumer spending, according to research from real estate investment firm Clarion Partners.
These factors were among the drivers that panelists and other attendees at Commercial Observer’s April 9 National Industrial Forum discussed throughout the morning at the Royalton Park Avenue Hotel. The forum brought together leaders from the industrial real estate space who discussed how the industry is faring in the currently frenetic national economic and political environment.
The day kicked off with a panel on trends and opportunities within the space.
The speakers for the first session were Tom Griggs, a managing director at owner Hines; Alex Redfearn founder, president and CEO of Redfearn Capital; Peter Zuk, head of asset management for North American industrial at Oxford Properties Group; Mark Levy, president of Altman Logistics Properties; Mark Shearer, senior managing director at owner Rockefeller Group; and David Kupfer, a partner with law firm King & Spalding.
Original https://commercialobserver.com/2025/04/industrial-market-tariffs-uncertainty/
