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Logistics Leasing Returns to Pre-Pandemic Levels, Cushman & Wakefield Finds

Total Leasing Activity 2% Below 10-Year Average Before COVID
Industrial leasing figures for 2023 were close to those before the pandemic. (Getty Images)
Industrial leasing figures for 2023 were close to those before the pandemic. (Getty Images)
CoStar News
January 8, 2024 | 3:03 P.M.

Close to 33 million square feet of logistics and industrial accommodation was leased in 2023 as occupier demand returned to its pre-pandemic levels, thanks to a diverse tenant list, a Cushman & Wakefield says.

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