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Industrial take-up at highest level for two years at end of last year

Colliers says there has been a slowdown in speculative development
The year ended on a high for take-up. (Getty Images)
The year ended on a high for take-up. (Getty Images)
CoStar News
January 17, 2025 | 8:17 AM

Take-up of industrial warehouses of more than 100,000-square-foot plus reached its highest for two years in the last quarter of 2024 with 8.3 million square feet of units leased, the most activity since the third quarter of 2022, according to Colliers' industrial and logistics team’s latest analysis.

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IN THIS ARTICLE


  • Companies
  • Contacts
    • Len Rosso

      Head of Industrial & Logistics, Colliers