Industrial REITs are benefiting from the burgeoning global economy. Over the last three years, port area warehouses have had the lowest percentage availability rate according to data from Torto Wheaton Research. Prominent areas such as Houston, Los Angeles, Miami, New York and Seattle have benefited from increased trade and business ties with Southeast Asia and China. The industrial market as a whole is improving, with availability rates declining in all four sectors of ports, distribution, manufacturing and high tech.

Industrial Market Availability Rates

Source: Torto Wheaton Research Fall ’06 Industrial Outlook XL