According to the latest CommercialEdge national industrial report, ground has been broken on 145.3 million square feet of industrial space so far in 2024, putting this year on track to match the 195.8 million square…
Category: Industrial Real Estate Reports
The national industrial real estate market saw in-place rents increase by 7.3% year-over-year (Y-o-Y) to an average of $8.15 per square foot in July, marking an 11-cent rise from June, according to CommercialEdge’s latest Industrial…
For the first time in years, southern California’s industrial markets are showing signs of softness, as highlighted by CommericalEdge’s latest industrial market report. The record levels of supply — followed by a more recent period…
Our mid-year industrial construction report outlines a switch from logistical centers and warehouses to manufacturing plants, including EV factories and semiconductor fabs, in the second half of 2024.
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…
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…
