US Industrial Players Feeling Upbeat
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NGKF’s Jeffrey Read moderated yesterday’s discussion
CHICAGO—The mood was upbeat yesterday in Chicago when Newmark Grubb Knight Frank welcomed hundreds of brokers from across the country to its annual Industrial Strength Connections Summit. A lunch panel of national players was in agreement that despite minor concerns the sector is not in danger of a slowdown or falling victim to overexuberance.
“There is some weakness in in China and some weakness in Texas,” said Jim Clewiow, chief investment officer ofCenterPoint Properties. “But it seems like in general that the market is very strong.”…
