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Economists are predicting continued demand for industrial space and the institutional investment world is allocating more capital into this sector. What affect will this demand

Economists are predicting continued demand for industrial space and the institutional investment world is allocating more capital into this sector. What affect will this demand likely have on "cap rates" in the market?

a.

Cause "cap rates" in this sector to fall

b.

Cause "cap rates in this sector to rise

c.

Have no effect on "cap rates" as they are property specific

d.

Put a "Cap" on the amount investors will pay for industrial type buildings.

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