What’s Next for CRE’s Industrial Sector?

October 24, 2022Media Mention
KBS News & Insights

Partner Steve Lurie was quoted in a KBS blog post discussing what's next for commercial real estate's industrial sector. 


“The report that Amazon has delayed or killed plans to open more than 60 facilities, rising interest rates and the real possibility of a recession create concerns that the continued growth of the industrial market is not sustainable generally, at least in the short-term,” said Steven Lurie, a real estate attorney at Greenberg Glusker. “Despite the headwinds, we are likely to see continued new development and rent increases in supply-constrained markets with high demand.”