Take a look at recent headlines regarding industrial real estate and one would think the market has stabilized or is even booming. Globe Street recently reported, “Industrial Demand Slows and Vacancies Normalize,” Bisnow stated, “Somebody Lit A Fire’: Interest Rate Stability Reignites Industrial Deal Flow,” and Commercial Property Executive touted, “Boost in US Manufacturing Spurs Construction Boom.” Headlines like these can be misleading but industrial investors who follow TAG Industrial are aware that vacancies are approaching a decade’s high, deal flow (transactions) is at the lowest level since 2011, and the manufacturing industry is in recession and stagnant at best for two years. Despite the tough economic environment, TAG’s clients also know there are great opportunities out there that will likely outperform the overall commercial real estate market this decade, particularly among small industrial properties. Media outlets are always a great source of information but as the market and overall economy continue to fall into recession, investors should be wary when headlines don’t reflect reality.