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Small Industrial Spaces Are in Short Supply Across the US. Here’s Where They Are Scarcest.

Tenants Tied to Construction Trades Swallow Up Space in Many Sun Belt Markets

This 10,000-square-foot industrial property sits outside of Louisville, Kentucky, surprisingly one of the country's scarcest markets for available small-bay industrial space. (CoStar)
This 10,000-square-foot industrial property sits outside of Louisville, Kentucky, surprisingly one of the country's scarcest markets for available small-bay industrial space. (CoStar)

Smaller industrial properties have maintained impressive occupancy rates and rising rents for several years, and in recent months they have increasingly stood out as one of the best-performing categories of commercial real estate.

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