Las Vegas Insider - November 2020 - Colliers International Las Vegas

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DISRUP T ION 2020

Industrial Sector on record pace. The U.S. industrial sector continues to perform exceptionally well despite headwinds facing commercial real estate. Robust net absorption, rent growth, construction, and occupancy all remain healthy, fueled by the continued growth of e-commerce and an increase in demand for warehouse and distribution NOVEMBER 2020

space. E-commerce sales grew 31.8% in Q2 2020 (the most recent data available)

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from the same time last year and now represent 16.1% of total non-auto retail sales. E-commerce will continue to be a driving force in industrial real estate for the foreseeable future. Amanda Ortiz National Director, Industrial Research | U.S. | amanda.ortiz@colliers.com


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