The national industrial sector continues to cool as the record supply of recent years works its way through the market. According to CommercialEdge’s industrial report for April, the national vacancy rate rose to 8.8%.
Category: Industrial Real Estate Reports
In the first quarter of 2025, Chicago’s industrial market saw the start of 1.5 million square feet of new construction — a sharp decline from the 11.4 million square feet that was underway during that…
Specifically, the port market of New Jersey remained the top market for industrial rent growth with in-place rent growing 11.3% year-over-year, but the broader trend favored Sun Belt metros.
The New Jersey industrial market started the year strong in both sales volume and pricing. According to CommercialEdge’s March industrial report, industrial properties in the state traded at an average of $339 per square foot…
It’s safe to say at this point that the tariffs imposed by the new U.S. administration on China, Mexico, Canada and others have injected further uncertainty into the U.S. industrial sector. Specifically, short-term effects are…
Savannah now leads in terms of industrial space in the pipeline as nationwide construction continues slowing. Electric vehicle factories and chip plants now dominate the ranking of largest properties currently underway.
Federal incentives, global shifts and renewed efforts to bring supply chains stateside have caused U.S. manufacturing construction spending to triple since 2021. According to the latest CommercialEdge industrial report, 100 million square feet of industrial…
New lease premiums for industrial real estate in the U.S. at the end of the year were down 50 cents per square foot compared to just half a year ago, signaling that 2025 may be…
Rexford Industrial Realty — one of southern California’s most active industrial property buyers — capped off 2024 with a $137.4 million purchase of a 300,000-square-foot warehouse at 2501 W. Rosecrans Ave. in Compton, Calif. The…
As 2024 concludes, the industrial market is normalizing after years of record supply, though not without facing challenges such as East Coast labor strikes, the Red Sea conflict and the collapse of Baltimore’s Francis Scott…
