As 2025 begins, conditions in the U.S. industrial space market continue to shift in favor of tenants. The national vacancy rate of U.S. industrial properties has been rising for more than two consecutive years as a record wave of newly built, unleased distribution centers complete construction at a time of limited tenant expansions in the market.
What to watch in 2025: Market for newly built logistics space may tighten
Industrial tenants continue to prefer newest, highest-quality logistics facilities as development wave subsides
CoStar Analytics
January 3, 2025 | 11:54 P.M.
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