Smaller Industrial Buildings Take the Lead
CHICAGO—Buyers now consider the US industrial market one of the best sectors for new investments. But while the purchases of huge class A bulk distribution buildings grab most of the headlines, the multitenant warehouse segment has grown in importance for institutional investors. These buildings are smaller, usually 200,000 square feet or less, and typically occupied by local and regional distributors. And the growth of e-commerce has meant a significant change in their prospects.