{"id":64,"date":"2020-03-24T13:20:57","date_gmt":"2020-03-24T13:20:57","guid":{"rendered":"https:\/\/yardiblogs.yardi.com\/commercialsearch\/?p=64"},"modified":"2026-05-13T08:17:18","modified_gmt":"2026-05-13T08:17:18","slug":"industrial-development-in-2020","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/blog\/industrial-development-in-2020\/","title":{"rendered":"U.S. Industrial Development in 2020 Slated for 29% YoY Growth"},"content":{"rendered":"

The U.S. industrial market is poised for significant growth this year, according to a report compiled by commercial real estate blog CommercialCafe<\/a>. The study looked at scheduled completions of industrial properties of at least 50,000 square feet across all markets inventoried in Yardi Matrix data. Notable highlights of the report on U.S. industrial development in 2020 include the top 20 U.S. markets for completions and the 10 largest industrial projects scheduled for delivery this year.<\/p>\n

California, Texas Hold Most Productive Markets<\/h3>\n

Four of the top 20 markets for industrial completions this year are in California. Specifically, projects due across the Inland Empire, Bay Area, Los Angeles, and San Francisco industrial<\/a> markets encompass nearly 40 million square feet. As such, California leads the country with the most industrial development in 2020. In particular, more than half of that square footage total from the top 20 California markets is in projects in Inland Empire \u2014 nearly 26 million square feet of industrial space across 84 properties \u2013 the bulk of which are industrial properties in Moreno Valley<\/a>, Fontana, and Ontario-Chino.<\/p>\n

With two markets in the top 10, Texas placed second in states with the most industrial development in 2020. Namely, Dallas ranked second, and Houston landed in fifth place. Projects due for delivery this year in Dallas and Houston encompass just more than 35 million square feet.<\/p>\n

The New Jersey industrial market ranked third, with 15 million square feet of industrial space in the 2020 pipeline. Chicago came in fourth, with nearly 12 million square feet across 40 buildings scheduled to come online this year.<\/p>\n

Ivanhoe Cambridge California Project is Largest 2020 Delivery<\/h3>\n

The report also tracked individual projects outside of the top 20 markets, highlighting the 10 largest industrial deliveries expected across the U.S. this year. Canadian real estate investment firm Ivanhoe Cambridge is the developer behind this year\u2019s largest industrial delivery \u2014 11 buildings totaling nearly 3 million square feet \u2013 scheduled to come online at the Colony Commerce Center in Ontario.<\/p>\n

Two Georgia industrial property developments took the next two spots in the top 10. In second place are four new buildings at the Georgia International Trade Center. Buildings 1A through D encompass nearly 2.5 million square feet of industrial space in Rincon<\/a>. Not far behind, the greater Savannah industrial market will welcome this year\u2019s third-largest project, which totals roughly 2.4 million square feet in two new buildings of the Savannah Port Logistics Center in the Pooler-Bloomingdale submarket.<\/p>\n

Read more, including a detailed methodology, in the full <\/em>report on the U.S. industrial pipeline in 2020<\/em><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

A summary of findings from the latest in-depth report analyzing construction trends across the U.S. industrial real estate sector in 2020. <\/p>\n","protected":false},"author":48,"featured_media":39,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-64","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial-real-estate-reports"],"acf":[],"yoast_head":"\nU.S. Industrial Real Estate Development in 2020 | CommercialSearch<\/title>\n<meta name=\"description\" content=\"Analyzing expected growth across the U.S. industrial real estate sector in 2020, with completions already up 29% YoY at the close of Q1.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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