Matthew I. Rand Forecasts Industrial Real Estate in 2024 for Commercial Property Executive

Matthew I. Rand, managing director, Research & Analytics, was recently featured in a Commercial Property Executive article about the trends that will define industrial real estate in 2024.

Rand and his team leverage proprietary data insights at scale to inform decision-making, anticipate market demand and guide investments across Link Logistics’ national portfolio. He shared thoughts with the publication about topics including secular tailwinds, the significance of population shifts and why providing customers with the right spaces in the right locations will be paramount this year.

Onshoring and reshoring will continue to create opportunity for industrial real estate operators, Rand explained in the article, with activity “concentrated in the Southeast, Texas and the Midwest, and we expect markets in those regions to continue to capitalize on this trend.” Areas experiencing population growth “will lead to increased demand for logistics real estate as companies seek to efficiently move packages to more storefronts and front porches,” he added.

Commercial Property Executive is a leading source of news and analysis for commercial real estate professionals. The full article can be accessed here.