Brace for Lower GDP and Higher Inflation This Year Than Previously Expected, Says ULI Survey.
As inflation rises more than initially forecasted analysts and real estate economist expect U.S economic growth to be lower than previously expected. Madison Commercial Properties Brokers Jessica Smith and Nick Jurgens, summarize the article below. They highlight what they are seeing both nationally as well as locally in the Denver Industrial Market.
- GDP has been revised over the past year, with lower estimates as recoveries throughout the world, the United States and Denver have been slower than expected.
- Backlogged product across all industries has tightened supply chains, compounding the effect of slow recoveries, showcasing a lean labor market.
- Prices of goods across the board have risen, proving the stress on global and local supply chains.
- Industrial Commercial Real Estate will be the winner of all of these market forces.
- Madison Commercial echoes this article in stating that they are bullish on the Industrial Market and believe it to be the best sector for investors to deploy capital over the next few years.
Contact Jessica or Nick, for further discussion on this topic!
Source: CoStar.com
FEATURED LISTING
5314-5350 Broadway,
Denver, CO
Offered at $1,300,000
Rare opportunity - two unit industrial building with a yard located in an opportunity zone now available..
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Meet Nick Jurgens
Join us as we feature two brokers from our team this month!
Learn more about Nick including his specialties, how long he has been in the business, and what he thinks the biggest challenges his clients are currently facing within the commercial real estate market.
Learn MoreMeet Jessica Smith
Join us as we feature two brokers from our team this month!
Learn more about Jessica including her specialties, how long she has been in the business, and what she thinks the biggest challenges her clients are currently facing within the commercial real estate market.
Learn MoreFEATURED SALE
5335 Harrison St. &
5300 Jackson St.
Denver, CO
Sold for $2,200,000
The two industrial properties consist of three structures totaling 11,338 SQ/FT on 1.52 AC of land..
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