Elizabeth Norton, managing research director for Transwestern, said in a press release that “tight conditions and healthy expectations for e-commerce activity continue to drive industrial, while medical office is helping to bolster the office sector, which nears flatter conditions.”
She also said there are red flags that could affect contractors building in these markets this year. These include political turmoil, upcoming elections and an elevated construction pipeline in select regions.
The 2020 presidential election poses a big question mark for contractors, creating uncertainty for U.S. businesses.
