Experts Predict Industrial Markets Will Weather Tariff Headwinds

Clint Miller, Avison Young principal and global director of affinity groups

CHICAGO—Real estate developers and investors at a recent two-day industrial real estate summit staged by commercial brokerage firm Avison Young concluded that the market’s continued decade long-run of strong growth will continue with lower vacancy and higher rental rates in top markets despite some economic headwinds.

“The industrial sector has experienced significant growth over the past 10 years as ecommerce and supply chain realignment have reshaped the way businesses utilize industrial space and deliver goods to businesses and consumers,” said Clint Miller, Avison Young Principal and the firm’s global director of affinity groups. “While there is concern regarding the long-term impact of tariffs and the potential for an economic downturn, we expect the industrial sector to weather any storm and maintain positive momentum.”