Hot industrial market poised to cool off – Robert Khodadadian

Warehouse space is still harder to find than a parking spot in Times Square, but the U.S. industrial market is poised to cool off. While demand for industrial space continues to outpace supply, the market is not likely to remain this tight, given the slowing economy, according to a second-quarter report from Newmark. Industrial absorption topped 100 million square feet for the fifth straight quarter, meaning more space was leased than was added to the

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, Chicago, Dallas, Industrial market, los angeles The Real Deal New York Read More