CB Richard Ellis

Blaine Kelley
Senior vice president, global supply chain practice
www.cbre.com

Following a four-year slide, leading indicators for industrial real estate showed modest gains in 2011. Vacancies are down and rates have begun to stabilize. While exuberance hasn’t returned, there is some optimism and freeing of capital in domestic markets such that speculative development may return in 2012 after a six-year


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