Forecast for 2019: Multiple reasons for optimism, beginning with vibrant industrial sector
At Sheldon Gross Realty, we’ve represented the owners of commercial properties and businesses for nearly 70 years, and we’re confident 2019 will see a continuation of the positive momentum from 2018. Here are some highlights: • Industrial There’s no doubt that industrial real estate remains our industry’s strongest sector – both in terms of demand and value. From the largest to smallest facilities within a one-hour drive of New York City and the Port Authority shipping terminals, companies are currently hard pressed either to lease or purchase properties that adequately address their needs. Barring some unforeseen negative economic development or a geopolitical event with unpleasant repercussions for the U.S., 2019 will be another banner year for real estate values.