Colliers Sees Storm Clouds for Industrial RE

U.S. industrial real estate markets experienced "measured successes" in the third quarter, but there are "storm clouds on the horizon," according to Colliers International, a Boston-based global partnership of commercial real estate firms.The markets absorbed 55.6 million square feet of industrial space in the quarter, compared with 56.6 million square feet in the second quarter, Colliers said. "While we remain relatively upbeat about the national warehouse market, there are storm clouds on the horizon," said Ross Moore, the organization's vice president and director of research. "Energy price spikes, industrial output, increasing housing inventory, and rising interest rates are all cause for concern." Colliers can be found online at http://www.colliers.com.