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These US Markets Face a Shortage of Mega-Warehouse Space

Handful of Distribution Hubs Have Increasingly Limited Options for Large Logistics Centers
Ashley Capital’s 2.1 million-square-foot Tri-County Commerce Center was completed near the I-696/I-75 interchange north of Detroit in 2021 and has been fully leased. (Owen Kaufman/CoStar)
Ashley Capital’s 2.1 million-square-foot Tri-County Commerce Center was completed near the I-696/I-75 interchange north of Detroit in 2021 and has been fully leased. (Owen Kaufman/CoStar)
CoStar Analytics
February 26, 2024 | 7:39 P.M.

The industrial building boom that began in 2020, spurred by a surge in e-commerce distribution leases and rock-bottom interest rates at the time, has reached historic proportions. But it hasn't saturated every U.S. market.

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