美国仓储发展研究报告.pdfVIP

U.S. Construction Pipeline Report 30 Major Distribution Warehouse Markets Midyear Results – 2006 New Development — On the March ew construction activity is continuing to ratchet up, just as it normally does as the cyclical recovery matures. On balance, Nnew construction remains disciplined, and there’s still no sign of systemic overbuilding. Construction activity has remained in high gear in recent months. Our tally for the nation’s top 30 markets indicates that total new starts of bulk distribution and warehouse projects amounted to 68 million msf (msf) during the first half of 2006, versus 67 msf during the second half of 2005, 43 msf during the first half and 44 msf during the second half of 2004. Those 68 msf of new starts for the first half of 2006 represented a slightly faster pace than we had projected for 2006 (i.e., 120-to-130 msf) at the start of the year. But the faster-than-expected “run-rate” largely reflects surges in just two markets — Dallas and Eastern PA. Leonard Sahling Looking ahead to the rest of the year, we foresee slowdowns in those two First Vice President markets along with modestly fewer