Industrial real estate rents will continue to slide

08/7/2009 | Purchasing.com

Reduced industrial real estate demand will keep rents low, according to a market review by Fitch Ratings of New York. The view is shared among a wide range of industry observers. "Occupancy will remain pressured by lower tenant retention levels due to a recessionary economy that has forced many companies to file for bankruptcy or cut down on space needs to remain solvent," analyst Steven Marks wrote to clients.

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