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Logistics, Distribution To Cool in ’16, Says JLL
According to Jones Lang LaSalle’s (JLL) second annual Global Logistics Sentiment Survey, although corporate occupier demand of distribution and logistics centers will continue strong in 2016, such activity won’t be as active as it was last year.
The survey from Chicago-based JLL asked supply chain experts about distribution trends, and their respective impact on commercial real estate worldwide.
The experts said that, while 2015 was a banner year, 2016 will be somewhat weaker in leasing activity and capital. “Our teams around the world expect that 2016 will be another year of leasing and capital activity, but there are signs of cooling,” added Craig Meyer, JLL’s president, logistics & industrial, Americas.
