Aug.28 — The COVID-19 pandemic has pummeled industrial proper estate. As rents and property values fall and delinquencies rise, the sector faces a reckoning, especially in Contemporary York and other urban facilities. Traders are mad by steep losses. Starwood Capital’s Barry Sternlicht, RXR Realty’s Scott Rechler, and other commercial leaders discuss the unsure future of the industrial proper estate market.
