Justin sits down with Peter Linneman of Linneman Associates to discuss how supply and demand dynamic effect industrial real estate. Peter explains how demand continues to outrun supply and how the upward trend of online sales plays a role. Peter offers a quarterly Linneman Letter that covers the current economy, real estate topics and provides insight based on data.   Quarterly Linneman Letter – 1:15 Industrial demand – 7:00 Supply and demand effecting warehouse space – 8:15 Demand is exceeding supply in industrial – 14:40 Demand factor improving by automation – 19:45 The shift of real estate professionalism – 21:00 The economy normalizing will take time – 26:00 Inflation signaling the need of supply – 30:00 2022 and 2023 are the years of normalization – 32:00     Episode Resources Connect with Peter Linneman  https://www.linnemanassociates.com/ https://www.linkedin.com/in/peterlinneman/ https://twitter.com/P_Linneman   Connect with Justin Smith https://smithcre.com/  https://www.lee-associates.com/  JBSmith@LeeIrvine.com https://www.linkedin.com/in/justinbsmith