Surprisingly, even though development activity is at a standstill, there has been recent improvement in private-sector construction jobs, says Avison Young. This is positive news for the industrial sector. Lease rates were at or near the bottom in 2011, and will likely remain so in 2012. If the economy continues to have modest gains, it is anticipated that net absorption will be moderate but positive in 2012.For the full report, CLICK HERE.
