0222_FEB Digital Edition | Page 82

INDUSTRIAL REAL ESTATE GUIDE

SHUTTERSTOCK ILLUSTRATION

INDUSTRIAL REAL ESTATE TRENDS AND PREDICTIONS

With the second year of the pandemic well underway , the industrial real estate market continues to see both positive and negative effects . Supply chain issues and low vacancy are driving up prices , but the region is responding by putting more projects in the pipeline than ever before . New speculative construction starting this year will total 5 million square feet , according to Ryan DeAngelis , senior vice president of CBRE .
Comstock ’ s spoke to leaders in the industry , including those who serve on the Sacramento Valley Chapter board of the National Association for Industrial and Office Parks ( NAIOP ) or are Certified Commercial Investment Members ( CCIM ) in Northern California , to get their take on current trends and what we can expect from the market in 2022 .
Interviews by Jessica Laskey
82 comstocksmag . com | February 2022