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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)
CoStar Analytics
March 20, 2024 | 10:43 P.M.

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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