The June industrial report from CommercialEdge highlights a persistent decline in the under-construction pipeline with fewer new projects starting than at any time in the last decade. Specifically, since the beginning of the year, 177.8…
Category: Industrial Real Estate Reports
Despite the ongoing normalization of demand and the shrinking industrial construction pipeline, the valuation of industrial space continues to increase. According to CommercialEdge’s industrial report for June (as of May 2024), the national average sales…
Key Takeaways: With 7.8 million square feet under construction, Phoenix West leads the nation with the largest industrial construction pipeline among the top 100 largest submarkets. Nine Southern submarkets secured spots within the top 20…
With record levels of new industrial space supply, vacancy rates are on the rise. However, the latest industrial report from CommercialEdge reveals that sales prices are up due to one significant deal, while rent growth…
The CHIPS and Science act in conjunction with other government initiatives to bring manufacturing capacity back to U.S. soil are leading to an unprecedented spike in construction of manufacturing space. We set out to rank…
Despite a downturn in industrial sales volume attributed to higher interest rates, tightened capital markets and a shift toward normalizing demand, the industrial property market hasn’t seen any significant discounts. Even with sales figures experiencing…
Early 2024 continues the trend of a slowdown in industrial space construction with only 20 million square feet initiated in the first two months of the year. Notably, this decline also follows a drop of…
Although deliveries of new industrial space boomed in recent years, demand has since normalized, leading to higher vacancy rates across the U.S. At the same time, rents have also climbed, highlighting the complex dynamics at…
For the first time in several years, Dallas fell from the #1 spot when it comes to industrial stock underway. Nationally, logistics-led industrial construction is winding down as manufacturing takes center stage, particularly with EV…
Chicago is still the largest industrial market in the nation, with Dallas overtaking Los Angeles for the runner-up spot after explosive industrial development in the last few decades.