Industrial Real Estate: Shifting Fundamentals and the Rise of Industrial Outdoor Storage

The industrial sector continues to be an institutionally favored commercial real estate (CRE) asset class encompassing a broad range of sub-property types, including warehouses and distribution centers, logistics and fulfillment centers, light manufacturing, flex industrial space, and, more recently, industrial outdoor storage (IOS). While these property types exhibit distinct operating characteristics and risk profiles, they collectively form the backbone of the nation’s supply chain.

This report discusses the shifting fundamental trends of industrial real estate that are continuing to shape and support the overall sector. We also spotlight IOS, which has emerged as one of the fastest-growing specialized sub-property types, attracting increasing institutional investment and trade organization recognition.

Key Takeaways