{"id":21613,"date":"2019-02-18T05:00:40","date_gmt":"2019-02-18T13:00:40","guid":{"rendered":"https:\/\/www.yardi.com\/blog\/?p=21613"},"modified":"2020-12-25T01:37:50","modified_gmt":"2020-12-25T09:37:50","slug":"yardi-industrial-client","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/yardi-industrial-client\/","title":{"rendered":"Industrial Markets"},"content":{"rendered":"<p>Boosted by healthy economic fundamentals, the U.S. industrial real estate market maintained its historic growth throughout the first half of the year, according to the most recent Yardi Matrix industrial report. The sector continues to benefit from increases in <a href=\"https:\/\/www.cpexecutive.com\/post\/e-commerce-drives-largest-industrial-leases\/\" target=\"_blank\" rel=\"noopener\">online consumer spending<\/a>. Traditional core industrial markets such as Chicago, New Jersey, Dallas-Fort Worth and the Inland Empire are still leading growth, but new areas of interest are emerging. Demand is stronger than ever, with more than 128 million square feet of space absorbed nationally in the first half of 2018.<\/p>\n<figure id=\"attachment_21614\" aria-describedby=\"caption-attachment-21614\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-21614 size-medium\" src=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2019\/01\/adam-winstanley_-300x225.jpg\" alt=\"adam-winstanley-founder-winstanley\" width=\"300\" height=\"225\" \/><figcaption id=\"caption-attachment-21614\" class=\"wp-caption-text\">Adam Winstanley, founder and principal, Winstanley Enterprises (Image courtesy of Winstanley Enterprises)<\/figcaption><\/figure>\n<p>Yardi client Winstanley Enterprises is one of the largest owners and operators of warehouse and distribution space on the East Coast, according to a <em>National Real Estate Investor<\/em> survey. Founder &amp; Principal Adam Winstanley has roughly three decades of experience in real estate acquisition, development, finance, construction, leasing, asset management and disposition.<\/p>\n<p>Winstanley shares insights into the East Coast\u2019s industrial markets and touches on technology\u2019s impact on the sector. He also talks about what causes distress among investors and reveals his plans for the next years.<\/p>\n<p><strong>Which are the hottest industrial markets on the East Coast?<\/strong><\/p>\n<p><strong>Winstanley:<\/strong> The hottest industrial markets on the East Coast remain Exit 8A in New Jersey, Lehigh Valley in Pennsylvania and the current newcomer Connecticut\u2014between Hartford and Springfield, Mass., on Interstate 91.<\/p>\n<p><strong>What do you take into account when deciding your next investment location? <\/strong><\/p>\n<p><strong>Winstanley:<\/strong> We look for sites that have low site development costs, with quick access back to major interstates on primary distribution routes.<\/p>\n<p><em>This interview originally appeared in Commercial Property Executive, a Yardi publication. <a href=\"https:\/\/www.cpexecutive.com\/post\/when-will-the-industrial-market-slow-down\/\" target=\"_blank\" rel=\"noopener\">Read the rest of the conversation with Winstanley here<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boosted by healthy economic fundamentals, the U.S. industrial real estate market maintained its historic growth throughout the first half of the year, according to the most recent Yardi Matrix industrial report. The sector continues to benefit from increases in online consumer spending. Traditional core industrial markets such as Chicago, New Jersey, Dallas-Fort Worth and the [&hellip;]<\/p>\n","protected":false},"author":442,"featured_media":21614,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"yes","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[1703,2629,167],"class_list":["post-21613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-cre","tag-industrial-real-estate","tag-yardi-client-insight"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Yardi Blog<\/title>\n<meta name=\"description\" content=\"Boosted by healthy economic fundamentals, the U.S. industrial real estate market maintained its historic growth throughout the first half of the year\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Industrial Markets\" \/>\n<meta property=\"og:description\" content=\"Boosted by healthy economic fundamentals, the U.S. industrial real estate market maintained its historic growth throughout the first half of the year\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardi.com\/blog\/yardi-industrial-client\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Blog\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-18T13:00:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-25T09:37:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2019\/01\/adam-winstanley_.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"225\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Yardi Blog Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Yardi Blog Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.yardi.com\/blog\/yardi-industrial-client\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/yardi-industrial-client\/\",\"name\":\"Industrial Markets - 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