By Mel Fabrikant Thursday, February 10 2011 @ 02:35 PM EST
--Inland Empire, Chicago, Charleston, Cincinnati, Little Rock, Phoenix, Philadelphia, Savannah, Dallas, New Jersey Lead Charge as Q4 2010 Shows
Nearly 30 MSF of Positive Absorption; Opportune Time for Tenant Leasing--
Coinciding with a noticeably improved United States office market, the national industrial property sector absorbed 28.6 million square feet of space during the fourth quarter of 2010, propelling what had been a net loss for the year into a solid gain, according to new quarterly research on the U.S. industrial market from Colliers International. This robust fourth quarter activity likely heralds the beginning of the next up cycle for the industrial sector as demand for warehouse space — fueled by an increase in import and export activity and improving appetite for consumer goods — is expected to rise.