2018 National Industrial Absorption

Source: CoStar Group Inc.

Net absorptions decreased for industrial markets year-over-year in almost every region in the fourth quarter of 2018, according to data provided by CoStar Group. The most notable drop came from the Midwest, which declined by 25.4 percent, followed by the South (down by 15.7 percent) and the West (down by 13.8 percent). The Northeast posted gains of 7.5 percent, the only increase in the fourth quarter of 2018. Industrial net absorptions decreased by 14.7 percent on a national level. Compared to the same period in 2016, national rates declined by 22.7 percent. Forecasts for the fourth quarter of 2019 show that industrial net absorptions are projected to decrease in every region. The most significant decline is expected to come from the Northeast (down by 52.6 percent), followed by the Midwest (down by 35.8 percent) and the South (down by 30.4 percent). The smallest change is projected to come from the West (down by 20.7 percent). On a national level, net absorption rates are expected to drop by 32.8 percent.

—Posted on Apr. 23, 2019

Source: CoStar Group Inc.

Year-over-year, net absorptions decreased for industrial markets in some regions in the third quarter of 2018. The most significant decline came from the Midwest, down by 23.3 percent, while the South posted a modest drop of only 0.5 percent. Compared to the same period in 2017, the West registered gains at 5.0 percent, followed by the Northeast with a 4.1 percent increase. Industrial net absorptions decreased by 4.4 percent on a national level. Compared to the same interval in 2016, national rates dropped by 16.2 percent. Forecasts for the third quarter of 2019 show that industrial net absorptions are projected to decrease in every region. The most considerable decline is expected to come from the Northeast (down by 35.1 percent), followed by the South (down by 31.4 percent). The Midwest is set to post a drop of 30.7 percent, with the most modest change coming from the West (down by 20.9 percent). Net absorption is expected to contract by 29.1 percent on a national level.

—Posted on Jan. 11, 2019

Source: CoStar Group Inc.

Year-over-year, net absorptions decreased for industrial markets in almost every region in the third quarter of 2018. The most significant decline came from the Northeast, down by 28.1 percent, followed by the Midwest (down by 22.8 percent) and the South (down by 12.3 percent). The only growth came from the West—a 10.1 percent increase compared to the same period in 2017. Industrial net absorptions declined by 12.6 percent on a national level. Compared to the same interval in 2016, national rates dropped by 7.0 percent. Forecasts for the third quarter of 2019 show that industrial net absorptions are projected to continue to decrease in every region. The most significant drop is expected to come from the Midwest (42.7 percent decrease), followed by the West (down 36.6 percent). The South is set to experience a decrease of 30.6 percent, with the smallest change coming from the Northeast (down by 15.0 percent). Net absorption is expected to inch down by 33.0 percent on a national level.

—Posted on Oct. 11, 2018

Source: CoStar Group Inc.

Net absorptions decreased for industrial markets in most regions in the first quarter of 2018, compared to the same period in 2017. The most significant decline came from the Northeast, down by 40.6 percent. The only growth came from the West, posting an 8.8 percent increase year-over-year. Industrial net absorptions inched down by 12.7 percent on a national level. Compared to the same interval in 2016, national rates dropped by 8.8 percent. Forecasts for the first quarter of 2019 show that industrial net absorptions are projected to decrease in every region. The most significant change is expected to take place in the West (down by 33.8 percent), followed by the Midwest (down by 28.5 percent). The Northeast is set to experience a slight decrease of 3.2 percent.

—Posted on July 11, 2018

Source: CoStar Group Inc.

Net absorptions for industrial markets decreased in every region in the fourth quarter of 2017, compared to the same period in 2016, the most significant decline coming from the Midwest, down 28.7 percent, followed by the West, down by 18.2 percent. The South recorded the most minor change, with a 11.0 percent decrease year-over-year. On a national level, industrial net absorptions inched down by 18.0 percent. Compared to the same interval in 2015, national rates dropped by 13.0 percent. Forecasts for the fourth quarter of 2018 show that industrial net absorptions are expected to decrease in almost every region. The most relevant change is projected to take place in the South (down by 17.4 percent), followed by the Midwest (11.1 percent). The West will experience an increase of 22.4 percent, the only forecasted growth for the fourth quarter of 2018.

—Posted on April 18, 2018

Source: CoStar Group Inc.

Net absorptions decreased in every region for industrial markets in the third quarter of 2017, compared to the same interval in 2016. The most relevant change came from the South, down by 21.3 percent, closely followed by the Northeast with a 20.5 percent decrease. Industrial net absorptions fell by 18.1 percent on a national level. Vacancy rates decreased for industrial markets in every region year-over-year, with the Northeast recording the most notable decline from 5.1 percent to 4.7 percent in the third quarter of 2017.

Forecasts for the third quarter of 2018 show that industrial net absorptions will increase in most regions. The most considerable growth is anticipated to come from the West (up by 22.0 percent), followed by the South (up by 11.4 percent). The only decrease is projected to take place in the Midwest, where industrial net absorptions will drop by 6.0 percent.

—Posted on Jan. 30, 2018