North and South Carolina experienced significant population growth over the past two decades, which has led to an increased demand for industrial space to support manufacturing and warehousing needs; however, the industrial inventory supporting the population was unable to keep pace, resulting in a drop in the inventory per capita. In response, a boom of industrial construction occurred, adding substantial new product to the market.
This report examines the current state of the industrial inventory in the Carolinas, exploring whether oversupply is a concern for the region.
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