· With sub-3% vacancy and strong rent growth, Industrial Outdoor Storage (IOS) is outperforming traditional industrial assets.
· Zoning and entitlement hurdles limit new IOS development, boosting demand for existing sites.
· Major investors are amassing IOS portfolios, following the path of self-storage and single-family rental.
· IOS supports logistics, construction and utilities with strategic infill locations and flexible outdoor space.
· Electrification and evolving logistics technology are reshaping IOS.
The Weekly Take from CBRE