Falling vacancy rate marks turning point for Denver’s industrial market
Tenants expand into spaces ranging from older retrofitted properties to new construction
The Denver area's industrial vacancy rate rose during most of 2022 and 2023, as a record level of distribution centers opened without committed tenants. However, with development w...
US industrial vacancy rate rises at slowest pace in 18 months
As wave of record development winds down, vacancy appears close to a turning point
The average vacancy rate of U.S. industrial properties has risen in the past two years, signaling a challenging market for owners seeking to fill unleased space that piled up after...
Home Depot shutters three large US distribution centers in less than 30 days
Closings reflect broader challenges for retailers affected by low home sales and slowing residential construction
Since the end of August, at least three large distribution centers operated by Home Depot have been put back on the market for lease, all in properties that the home improvement re...
The Valley’s older, larger distribution centers retain tenants at one of the strongest rates in the US
Location advantage of pre-2020 properties may be keeping users in place
An unprecedented wave of supply over the past few years has driven Phoenix industrial space availability to one of the highest levels in the nation.
Small-bay properties in these Nashville suburbs have some of the lowest availability rates in the US
As Nashville’s construction and manufacturing industries grow, many suburban and rural areas are running out of available small-bay space
As the population growth rate of the Nashville, Tennessee, metropolitan area has more than doubled the pace of nationwide population growth every year since 2010, the need for more...
Small-bay industrial properties in these Central Florida suburbs have availability rates below 3%
Fast growing suburbs in the Sunshine State Have Very Few Options for Small and Mid-Sized Tenants
According to the most recent Census Bureau data, Florida ranked among the top three states in the U.S. for population growth between mid-2022 and mid-2023 on both an absolute and p...
Older US Distribution Centers Lose Out To Newer Competition
Recent Industrial Leasing Activity Heavily Concentrated in Newest, Highest-Quality Properties
After more than 15 months of softening demand, U.S. industrial leasing rebounded modestly during the spring and summer of 2024, signaling that the sector’s post-pandemic slowdown m...
Small-Bay Industrial Properties in These Charlotte Suburbs Have Availability Rates Below 2%
Areas in the Path of Population Growth Have Very Few Options for Small and Mid-Sized Tenants
As the population in Charlotte, North Carolina, has grown at double the national average for the past 12 years, the need for industrial space has followed. But while developers hav...
In Fast-Growing Atlanta Suburbs, Small Industrial Spaces Remain in Short Supply
Small-Bay Property Owners in Northeast Suburbs Are Benefiting From Limited Construction, Increasing Housing Stock
Population growth in Atlanta’s northeastern suburbs has turned the area into Georgia's epicenter for suburban residential construction. In response, demand for smaller industrial s...
Modest Pickup in Demand for US Industrial Space Suggests Slowdown May Be Easing
Jump in Leasing Activity Shows Tenant Appetite Stops Deteriorating
At first glance, the second quarter saw little change to recent U.S. industrial market conditions, which have been gradually shifting more in tenants’ favor since the beginning of ...
Industrial Projects in Chicago’s Joliet Area Leasing Faster Than Competitors in Kenosha
Intermodal Infrastructure, Major Interstate Access Help Chicago’s Southwest Suburbs Outperform
Two areas in the Chicago region, Joliet and Kenosha East have led the market in industrial development in recent years with more than 15 million square feet of new logistics space ...
New Industrial Projects in Pennsylvania’s I-81 Corridor Leasing Faster Than New Projects Along I-95 in New Jersey
Dwindling Supply of Blue-Collar Labor in the Garden State Could Be a Factor
The Interstate Highway 81 corridor in Central and Eastern Pennsylvania and the Interstate Highway 95 corridor in New Jersey are both critical logistics hubs for distribution center...
Industrial Tenants Stage Spring Leasing Surge
Tenants Capitalize on Abundance of Vacant, Newly Built Distribution Space To Upgrade Facilities
Concerns over the effects of inflation and higher interest rates on consumer spending remain widespread but are no longer causing industrial tenants to pull back on lease transacti...
Big Box Industrial Space Available Near Major US Ports Hits Record High
Large Tenants Seeking Warehouses for Sea Shipments Have Most Options in Decades
For most of the past decade, it has been challenging to find large blocks of industrial space available for lease near the largest U.S. seaports. In some markets, such as Los Angel...
After Driving Up Vacancy Rate, Record Wave of US Industrial Development Begins To Recede
Decline in Projects Expected To Play Out Differently Across Markets
In 2022 and 2023, developers completed more than 1.5 billion square feet of U.S. industrial projects, a tally equivalent to adding all the existing industrial space in metropolitan...
Amazon Gets Back To Doing What It Does Best, Signing Million-Square-Foot Leases
E-commerce Giant Signs Flurry of Large US Industrial Leases in 2024
North America’s largest warehouse tenant has spent the first part of 2024 re-accelerating its distribution capacity by leasing some of the largest industrial spaces available on th...
Here's What Some Top Tenant Reps Expect on US Industrial Property Performance in 2024
Senior Brokers See Occupiers Proceed With Caution, Focus on Facilities Automation
After a record run of distribution center expansions in 2021 and 2022, U.S. industrial tenants have proceeded much more cautiously in recent months. Early 2024 data shows that indu...
This Midwest Manufacturing Hub Has Lowest Vacancy Rate of 50 Largest US Industrial Markets
Grand Rapid's Manufacturing Sector Diversifies With Industrial Space in Short Supply
Home to a growing and diversified manufacturing industry, Grand Rapids, Michigan, has the lowest vacancy rate among the 50 biggest industrial markets in the nation.
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
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 bes...
Southwest Florida Sustains Record High Industrial Property Sales Despite Two Years of Interest Rate Hikes
Businesses Tied to the Construction Sector Are Snatching Up Industrial Space As Investors Follow Suit
As bond markets reacted to soaring inflation, benchmark U.S. interest rates, such as the 10-year treasury rate and the average rate for new 30-year fixed mortgages, rose more betwe...