Metro East industrial market thrives despite COVID-19

Metro East industrial market thrives despite COVID-19
May 13, 2020 Jerry Vallely

This story was originally published in the Illinois Business Journal on May 12, 2020.

Editor | Illinois Business Journal

“On the heels of record setting industrial activity in 2019, the Metro East industrial submarket that includes Madison and St. Clair Counties in Illinois is poised for another strong year in 2020, even as COVID-19 puts a damper on other sectors of the real estate market.

While the submarket ended the first quarter of 2020 with a slight increase in vacant space on the market, the level of industrial sector activity queued up for the rest of the year indicates it will continue to be a hotspot for investment and construction in the months to come. The overall positive trend extends the construction boom occurring in the St. Louis region since 2015…”

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