National Industrial Space Absorption is Negative

The unprecedented decline in absorption of industrial space totaled negative 40 million square feet in the first quarter.

REIT Pricing rebounding

The commercial real estate industry is still in the early innings of recapitalization of both debt and equity, but publicly traded markets are giving commercial real estate a vote of confidence. So far this year, REITs have raised nearly $15 billion through 45 public equity offerings. Moreover, REIT share prices have rallied by 60 percent from their low on March 6^th.