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Chicago & Midwest  + Greater Chicagoland + National  + Industrial  |  March 22, 2024
NY Outer Borough Industrial
Jasmine Kilman
By: Jasmine Kilman

Insights from Connect Industrial Midwest 2024 (VIDEO)

Connect CRE recently gathered leaders from across industrial real estate to discuss the state of the market and trends in the industrial sector. We asked, “What industrial sectors are you bullish on, from a development or investment standpoint?” Kevin Brennan, Co-Founder and Managing Principal Midwest, Brennan Investment Group, said, “We’re bullish on existing building acquisitions, and our focus in 2024 is going to be on multi-tenant buildings and infill markets across the U.S.”

In the video below, you’ll hear more from Brennan on industrial insights as well as key market trends from David Lockwood, SIOR Global President & Executive Vice President & COO, Colliers South Carolina. Lockwood and Aaron Martell, Executive Vice President – Central Region, Logistics Property Co. They shared their thoughts on how demand for industrial space normalizing this year.

“I see demand for industrial normalizing 2024 back to levels that are pre-pandemic,” said Martell. Lockwood added, “I think the demand for industrial space will normalize, but the question is, what is normal?”

    For more insights and to watch the full Connect Industrial Midwest recap, click here.

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    About Jasmine Kilman

    Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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