After a long period of expansion due to demand outpacing supply – in Q3 2016 the sector hit its 26^th consecutive quarter of record net occupancy gains – and investors favoring the sector causing record levels of acquisition spending and low cap rates, it is inevitable that demand will plateau. 2017 may still see rising rents and supply-demand imbalance that will lead to shrinking vacancies, but the magnitude will get a bit smaller. However, e-commerce and the idea that users need to be as close to the customer as possible will continue to drive industrial real estate. Read more…