美国仓储市场研究

《美国仓储市场研究》由会员上传分享，免费在线阅读，更多相关内容在行业资料-天天文库。

1、U.S.PropertyMarketReview30MajorDistribution&WarehouseMarketsMidyearResults–2006Transitioningintoa“Sellers’”Markethecurrentrecoveryisnowthreeandahalfyearsold—andcounting.TWiththepaceofnewdeliveriesconvergingtothegrowthofdemand,wemaysoonseealevelingoffoftheoverallvacancyrate.S

2、till,marketconditionsnationwideremaintight,andrentswillcontinuetoclimb.Theoverallvacancyrateforthenation’stop30distributionmarketsedgeddownto8.0%inQ2-06from8.1%inQ4-05and8.8%inQ2-05.Netabsorptionamountedto67millionsquarefeet(msf)duringthefirsthalfof2006—offslightlyfromlastye

3、ar’sbreakneckpacebutstillequaltoahealthy2.8%annualrateofgrowthintotaloccupiedspaceLeonardSahling(orrealizeddemand).FirstVicePresidentAskingrentscontinuedtoclimb,attestingtothetautconditionsProLogisResearchGroupprevailinginthenation’swarehouse/distributionleasingmarkets.For30

4、3-567-5766theyearendedinQ2-06,askingrentsnationwidehaveincreased8.0%lsahling@prologis.comonaverage.Newconstructioniscontinuingtoratchetup,justasitnormallydoesasthecyclicalrecoverymatures.Onbalance,newconstructionremainsdisciplined,andthere’sstillnosignofsystemicoverbuilding.

5、InsidethisIssue…True,newlystarteddistributionfacilitiesinthetop30marketsdidtotal68msfduringthefirsthalfof2006,slightlyfasterthanthepacethatMarketUpdate–LessandLessSlack.....2wehadprojectedfor2006atthestartoftheyear.Butthefaster-than-expected“run-rate”fornewstartslargelyrefle

6、ctssurgesinjusttwoRents—HeadingHigher........................3markets—DallasandEasternPA.Lookingaheadtotherestof2006,CountingNewlyTiltedPanels..................4weforeseeslowdownsinthosetwomarketsalongwithmodestlyfewerstartsnationwide.ConstructionMaterialsPricesRising.......

7、6Constructioncostsareontherise.We’reprojectingthatshellHealthyDemand=HealthyMarkets........7constructioncostswillincreaseabout15%during2006,reflectingPrologis’TopTwelveMarkets...................8broadlybasedincreasesinconstructionmaterialsprices.ConcludingRemarks............

8、.................10Themainrisktothehealthandwell-beingofthewarehouse/distri