Matrix Industrial National Report-April 2023 May 02, 2023

Industrial Rents Still Rising

A significant portion of industrial property loans are coming due over the next three years as prices and transaction activity soften. However, industrial demand remains strong in the face of growing negative sentiment about commercial real estate. Asking rents rose 2.0% in the first quarter of 2023 and are up 7.1% year-over-year.