Sep. 27, 2025 12:30 AM ETXLI, IYT, IYJ, VIS, PPA, PKB, ITA, EXI, EVX, PRN, RSPN, FXR, RBLD, XTN, XAR, UFO, PSCI, FIDU, AIRR, FTXR, KARS, ROKT, IDRV, UXI, SIJ, IDE, DUSLPrincipal Financial Group1.17K FollowersThe U.S. industrial sector has moved beyond its 2022–23 correction and is showing early signs of recovery.While rising costs remain a challenge, the pullback in new construction sets the stage for an attractive 2026–27 opportunity, as limited deliveries meet renewed demand.The case for development is often difficult as it relates to a myriad of factors, including replacement costs, which today remain elevated on a relative basis.Catherine Delahaye/DigitalVision via Getty ImagesBy Arthur Jones, Senior Director, Global Research & Strategy | Rich Hill, Senior Managing Director, Global Head of Research & Strategy | Daniel Tomaselli, Manager, Global Real Estate Research | JD Stehwien, Senior Analyst, Global Research & Strategy Thomas McGing, Senior Analyst, Global Research & StrategyThis article was written byPrincipal Financial Group1.17K FollowersThe Principal Financial Group (The Principal®) is a global investment management leader offering retirement services, insurance solutions and asset management. The Principal offers businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through its diverse family of financial services companies. Founded in 1879 and a member of the FORTUNE 500®, the Principal Financial Group has $519.3 billion in assets under management1 and serves some 19.7 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com. Insurance products issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Co. Plan administrative services offered by Principal Life. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Princor Financial Services Corp., 800/247-1737, Member SIPC and/or independent broker/dealers. Principal National, Principal Life, Principal Funds Distributor, Inc. and Princor® are members of the Principal Financial Group®, Des Moines, IA 50392. Investing involves market risk, including possible loss of principal.CommentsRecommended For You