Michael Plumb

Author:

Michael Plumb

Michael Plumb is a principal with Lee & Associates of Illinois who provides comprehensive real estate brokerage and advisory services to a diverse group of clients. Since 2003, he has represented end users and institutional owners in Chicago and nationally in the disposition, acquisition, and leasing of industrial property and special assets. Michael is on the board of Somercor 504, Inc, a non-profit development company specializing in the origination of small business loans. He is also a member of the Association of Industrial Real Estate Brokers (AIRE) and NAIOP.
Industrial Market Numbers Aren’t Telling the True Story
A recent Wall St. Journal article reported that the U.S. industrial real estate sector has struggled for the past three years, reaching an 11-year high of 7.6% nationally – causing owners, investors and developers to take pause. But the numbers don’t always tell the full story. In fact, many U.S. industrial real estate markets are reverting to their historically healthy levels of supply and demand.

Subscribe

Loading