MDN: Ten-X: Memphis 3rd Best Market for Industrial Investors

MDN: Ten-X: Memphis 3rd Best Market for Industrial Investors

The strength of the Memphis MSA industrial market has made it the third best market in the U.S. for investment buyers, according to a new report from online real estate transaction firm Ten-X LLC.

The Tex-X report points to limited supply of industrial product and rising effective rents, among other factors.

Rent growth will accelerate each year through 2018, according to Tex-X research, with net operating income averaging roughly 2.7 percent per year through 2019.

MDN: Ten-X: Memphis 3rd Best Market for Industrial Investors

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