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In the Industrial Sector of Commercial Real Estate, the Warehouse and Distribution Centers sub-sector has come back from the Covid-19 shut down more quickly than expected. While transaction activity dipped in the time period from mid-March to mid-April, activity from mid-April to mid-May was up by 43% over the prior 30 day period, according to the Wall Street Journal. Growth is attributed to multiple elements including retailers repositioning their supply chains to adapt to pandemic driven changes in shopping patterns, the increased floor space required for online fulfillment as opposed to DC to store fulfillment and, space for increased levels of inventory to combat shortages incurred during the pandemic.

Read more at:Wall Street Journal