{"id":1004711367,"date":"2026-03-03T05:38:02","date_gmt":"2026-03-03T13:38:02","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004711367"},"modified":"2026-04-14T03:23:19","modified_gmt":"2026-04-14T11:23:19","slug":"top-markets-for-industrial-deliveries","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-markets-for-industrial-deliveries\/","title":{"rendered":"Top Markets for Industrial Development in 2025"},"content":{"rendered":"\n<p>Industrial real estate\u2019s next stage of growth will be defined by trade policy decisions and a much bigger need for efficiency across operations. After the speculative surge from 2022 to 2024 resulted in above-average delivery volumes, <a href=\"https:\/\/www.commercialsearch.com\/news\/whats-next-for-industrial-real-estate\/\">industrial real estate market trends<\/a> now point to a more moderate approach. This latest ranking of the top markets for industrial development, based on Yardi Matrix data, illustrates that sentiment across the U.S.<\/p>\n\n\n\n<p>Overall, completions decreased across the nation in 2025, but some hotspots remained, while the structural drivers in each of these markets led to significant activity.<\/p>\n\n\n\n<iframe title=\"Top 10 Metros for Industrial Deliveries - 2025\" aria-label=\"Table\" id=\"datawrapper-chart-B4SUq\" src=\"https:\/\/datawrapper.dwcdn.net\/B4SUq\/5\/\" scrolling=\"no\" frameborder=\"0\" style=\"width: 0; min-width: 100% !important; border: none;\" height=\"559\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}});<\/script>\n\n\n\n<p>Takeaways:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>These 10 markets combined had more than a third of all U.S. industrial completions in 2025<\/li>\n\n\n\n<li>Deliveries decreased 26.8 percent year-over-year nationwide<\/li>\n\n\n\n<li>Philadelphia, Houston, Austin, Texas, and Los Angeles were the only markets on this list where the deliveries increased year-over-year<\/li>\n\n\n\n<li>Philadelphia completions more than tripled year-over-year<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-dallas-fort-worth\">Dallas-Fort Worth<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/dallas-industrial-market-update\/\">The Metroplex topped the list for industrial development<\/a> in 2025, with 21.3 million square feet of space coming online across 114 projects. That was nearly 28 percent less than the total amount delivered in 2024.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a1072b5cc0e1&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"620\" data-attachment-id=\"1004769323\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/its-official-wistron-picks-fort-worth-for-761m-project\/wistron-ai-supercomputing-facility-in-fort-worth\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Wistron-AI-supercomputing-facility-in-Fort-Worth.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Wistron AI supercomputing facility in Fort Worth\" data-image-description=\"&lt;p&gt;Image came with the Hillwood release: https:\/\/www.hillwood.com\/newsroom\/press-releases\/wistron-selects-fort-worths-alliancetexas-for-761-million-ai-supercomputer-sites-project\/ &lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Wistron has selected AllianceTexas in Fort Worth, Texas, to build two AI supercomputing facilities totaling 1.1 million square feet. Image courtesy of Hillwood&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Wistron-AI-supercomputing-facility-in-Fort-Worth.jpg?w=800\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Wistron-AI-supercomputing-facility-in-Fort-Worth.jpg\" alt=\"Rendering of Wistron\u2019s AI supercomputing facilities within AllianceTexas in Fort Worth, Texas\" class=\"wp-image-1004769323\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Wistron-AI-supercomputing-facility-in-Fort-Worth.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Wistron-AI-supercomputing-facility-in-Fort-Worth.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Wistron-AI-supercomputing-facility-in-Fort-Worth.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Wistron has selected AllianceTexas in Fort Worth, Texas, to build two AI supercomputing facilities totaling 1.1 million square feet. <em>Image courtesy of Hillwood<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>At the end of last year, a total of 28.6 million square feet was under construction across Dallas-Fort Worth. Developers broke ground on 108 projects, or 24.9 million square feet in 2025, on par with the 24.7 million square feet that started construction a year prior, highlighting the market\u2019s sustained momentum.<\/p>\n\n\n\n<p>One of the largest properties to come online in the metro in 2025 was Alliance Westport 14, part of Hillwood\u2019s AllianceTexas, a 27,000-acre master-planned campus. The 767,000-square-foot facility is owned and operated by Wistron, an electronics manufacturer. In August last year, <a href=\"https:\/\/www.commercialsearch.com\/news\/its-official-wistron-picks-fort-worth-for-761m-project\/\">Wistron closed a $761 million deal with Hillwood<\/a> to construct two AI supercomputing plants totaling 1.1 million square feet within the campus.<\/p>\n\n\n\n<p>The Alliance global logistics hub is a part of the Dallas-Fort Worth inland port ecosystem, which contributes to the market\u2019s massive industrial sector, attracting a wide variety of tenants, from big-box distribution and e-commerce fulfillment to manufacturing and transportation-oriented warehousing.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-houston\">Houston<\/h2>\n\n\n\n<p>Houston came in at number two among the top markets for industrial development, with a little more than 19 million square feet delivered across 101 projects. The metro was one of four on this list where completions increased since 2024\u2014up 48.6 percent.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a1072b5cc5e8&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignleft size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"900\" data-attachment-id=\"1004770850\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-jv-delivers-1-4-msf-houston-industrial-park\/blue_ridge_trammell_daiwa_houston\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Blue_Ridge_Trammell_Daiwa_Houston.jpg\" data-orig-size=\"1200,900\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Blue_Ridge_Trammell_Daiwa_Houston\" data-image-description=\"&lt;p&gt;Image provided by Trammell Crow Co.&#8217;s press release here: https:\/\/www.trammellcrow.com\/newsroom\/tcc-and-daiwa-house-deliver-135m-sf-industrial-park-in-southwest-houston&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Blue Ridge Commerce Center features five such warehouses aiming for LEED certification. Image courtesy of Trammell Crow Co.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Blue_Ridge_Trammell_Daiwa_Houston.jpg?w=1024\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Blue_Ridge_Trammell_Daiwa_Houston.jpg\" alt=\"Exterior shot depicting one of the five industrial warehouses inside Trammell Crow Co. and Daiwa House Texas' Blue Ridge Commerce Center in Houston.\" class=\"wp-image-1004770850\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Blue_Ridge_Trammell_Daiwa_Houston.jpg 1200w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Blue_Ridge_Trammell_Daiwa_Houston.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Blue_Ridge_Trammell_Daiwa_Houston.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Blue_Ridge_Trammell_Daiwa_Houston.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Blue Ridge Commerce Center features five such warehouses aiming for LEED certification. <em>Image courtesy of Trammell Crow Co.<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Global trade flowing through the Port of Houston, along with investments in energy, petrochemicals, transportation and manufacturing have kept the metro a priority among <a href=\"https:\/\/www.commercialsearch.com\/news\/top-commercial-real-estate-developers\/\">top commercial development companies<\/a> last year.<\/p>\n\n\n\n<p>Trammell Crow Co. built the largest property to come online last year\u2014the 752,134-square-foot Carpenters Logistics Center \u2013 Building 1, near the port area. TCC is one of the most active industrial developers in Houston. In September last year, it also <a href=\"https:\/\/www.commercialsearch.com\/news\/trammell-crow-jv-delivers-1-4-msf-houston-industrial-park\/\">completed Blue Ridge Commerce Center<\/a>\u2014a five-building campus totaling 1.4 million square feet\u2014in partnership with Daiwa House Texas.<\/p>\n\n\n\n<p>Developers broke ground on 155 projects encompassing 23.2 million square feet in 2025, a 36.3 percent increase year-over-year. At the beginning of 2026, there were 20.4 million square feet of <a href=\"https:\/\/www.commercialsearch.com\/for-sale\/industrial\/us\/tx\/houston\/\" target=\"_blank\" rel=\"noreferrer noopener\">Houston industrial space<\/a> under construction.<\/p>\n\n\n\n<div class=\"wp-block-group cmw-cpe-newsletter\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group cmw-cpe-newsletter-content\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group cmw-cpe-newsletter-content-text\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<h2 class=\"wp-block-heading\" id=\"h-cpe-daily-newsletter\">CPE Daily Newsletter<\/h2>\n\n\n\n<p>Every weekday, every important CRE story.<\/p>\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n<form class=\"cmw-inline-newsletter\" action=\"https:\/\/whatcounts.com\/bin\/listctrl\" method=\"POST\">\n  <input type=\"hidden\" name=\"slid\" value=\"5C84B893BD6D939E8970225E75BA5E55\" \/>\n  <input type=\"hidden\" name=\"cmd\" value=\"subscribe\" \/>\n  <input type=\"hidden\" name=\"wxuiversionfirst\" value=\"\" \/>\n \n  <input type=\"hidden\" name=\"errors_to\" value=\"\" \/>\n\n  <label class=\"sr-only\" for=\"email\">Email<\/label>\n  <input type=\"email\" id=\"email\" name=\"email\" required maxlength=\"65\"\n         placeholder=\"Your email address\"\n         oninvalid=\"this.setCustomValidity('Please enter a valid email address')\"\n         oninput=\"this.setCustomValidity('')\"\/>\n\n  <button type=\"submit\">SUBSCRIBE<\/button>\n<\/form>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-phoenix\">Phoenix<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/phoenix-industrial-market-update\/\">Phoenix rounded out the top three<\/a> U.S. markets for industrial development last year, with 17.9 million square feet added to its inventory across 96 projects. The metro had to work through potential oversupply risks, as previous years recorded a surge in speculative construction, followed by the largest year-over-year decline in completions on this list, down 51.4 percent.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a1072b5ce55e&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"797\" height=\"610\" data-attachment-id=\"1004709809\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/how-tsmcs-65b-campus-will-impact-arizonas-industrial-market\/tsmc-arizona_east-view_mar-2024-featured\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/TSMC-Arizona_East-View_Mar-2024-featured.jpg\" data-orig-size=\"797,610\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1711648847&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"TSMC-Arizona_East-View_Mar-2024-featured\" data-image-description=\"&lt;p&gt;TSMC\u2019s advanced manufacturing complex under construction in Phoenix. Image courtesy of TSMC&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;TSMC\u2019s advanced manufacturing complex under construction in Phoenix. Image courtesy of TSMC&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/TSMC-Arizona_East-View_Mar-2024-featured.jpg?w=797\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/TSMC-Arizona_East-View_Mar-2024-featured.jpg\" alt=\"Aerial shot of TSMC\u2019s advanced manufacturing complex that is under construction in Phoenix.\" class=\"wp-image-1004709809\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/TSMC-Arizona_East-View_Mar-2024-featured.jpg 797w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/TSMC-Arizona_East-View_Mar-2024-featured.jpg?resize=300,230 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/TSMC-Arizona_East-View_Mar-2024-featured.jpg?resize=768,588 768w\" sizes=\"auto, (max-width: 797px) 100vw, 797px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">TSMC\u2019s advanced manufacturing complex is one of several massive projects in the Phoenix area driving industrial development. <em>Image courtesy of TSMC<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Phoenix\u2019s status as a hub for both rapidly growing manufacturing and established regional distribution will continue to drive demand, albeit at a more measured pace. Semiconductors contributed to a new wave of industrial development, spearheaded by <a href=\"https:\/\/www.commercialsearch.com\/news\/how-tsmcs-65b-campus-will-impact-arizonas-industrial-market\/\">TSMC\u2019s $65 billion campus<\/a>. Last year, the company broke ground on a third facility at the site, aiming to invest another $100 billion.<\/p>\n\n\n\n<p>Construction starts amounted to 13.1 million square feet in 2025, roughly 2.7 million less than 2024\u2019s total\u2014down 17.3 percent. At the start of the year, Phoenix had a total of 17.6 million square feet of industrial space underway.<\/p>\n\n\n\n<p>LG Energy Solution\u2019s <a href=\"https:\/\/www.commercialsearch.com\/news\/lg-energy-solution-lands-financing-for-5-5b-battery-complex\/\">$5.5 billion battery plant<\/a> in Queen Creek, Ariz., was among the largest developments underway at the start of this year. In 2024, the Seoul-based manufacturer entered into a ground lease agreement with U.S. Realty Advisors, which will also provide capital for the build-to-suit project.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-philadelphia\">Philadelphia<\/h2>\n\n\n\n<p>Philadelphia developers added 13.6 million square feet of industrial space to the market\u2019s inventory last year, more than triple the amount delivered in 2024, marking the sharpest increase on this list. Last year was likely a catch-up one for the metro, as it had a significant amount of space underway that broke ground in 2023 and 2024.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a1072b5cecb7&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignleft size-large is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004761062\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/portman-delivers-1st-phase-of-330m-philly-area-project\/trade-center-execution-1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Portman_I-76-Trade-Center.jpg\" data-orig-size=\"1200,900\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;2&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;ANAFI Ai&quot;,&quot;caption&quot;:&quot;Trade Center - Execution 1&quot;,&quot;created_timestamp&quot;:&quot;1748779344&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;5.31&quot;,&quot;iso&quot;:&quot;60&quot;,&quot;shutter_speed&quot;:&quot;0.00067199999466538&quot;,&quot;title&quot;:&quot;Trade Center - Execution 1&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Trade Center &#8211; Execution 1\" data-image-description=\"&lt;p&gt;Property at 1130 Pottstown Pike, Exton, Pa.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;I-76 Trade Center includes Happy Days Park, a greenspace featuring several historic farm structures. Image courtesy of Portman Holdings&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Portman_I-76-Trade-Center.jpg?w=1024\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" height=\"768\" width=\"1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Portman_I-76-Trade-Center.jpg?w=1024\" alt=\"Aerial shot of I-76 Trade Center's phase one, an industrial campus in Exton, Pa.\" class=\"wp-image-1004761062\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Portman_I-76-Trade-Center.jpg 1200w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Portman_I-76-Trade-Center.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Portman_I-76-Trade-Center.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/Portman_I-76-Trade-Center.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">I-76 Trade Center includes Happy Days Park, a greenspace featuring several historic farm structures. <em>Image courtesy of Portman Holdings<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>In June last year, Portman Holdings completed <a href=\"https:\/\/www.commercialsearch.com\/news\/portman-delivers-1st-phase-of-330m-philly-area-project\/\">the first phase of I-76 Trade Center<\/a>, comprising a 636,121-square-foot facility. The $330 million development is planned to include 1.9 million square feet.<\/p>\n\n\n\n<p>Anchored by infill distribution and last-mile logistics serving the Northeast, Philadelphia\u2019s industrial market hit the tail end of the post-pandemic speculative wave later than other metros.<\/p>\n\n\n\n<p>At the beginning of 2026, the market had 4.3 million square feet of space underway, as new construction is now winding down. New starts dropped dramatically\u2014a total of 2.9 million square feet broke ground in 2025, down 74.5 percent year-over-year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-austin-texas\">Austin, Texas<\/h2>\n\n\n\n<p>The third Texas metro on this list, Austin, rounded out the top five markets for industrial development last year, with 10.6 million square feet delivered across 90 projects\u2014on par with the 10.3 million square feet that came online in 2024. Last year, the market <a href=\"https:\/\/www.commercialsearch.com\/news\/stem-job-growth-champions\/\">ranked first in the STEM Job Growth Index<\/a> published by RCLCO, as more than 11 percent of all jobs were in such fields.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a1072b5cf394&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1658\" height=\"1080\" data-attachment-id=\"1004778062\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/imarketamerica-to-kick-off-2-2-msf-project\/imarket-gtp-dock\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/iMarket-GTP-Dock-e1763113485986.jpg\" data-orig-size=\"1658,1080\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Gradiant_Technology_Park_Texas_iMarketAmerica\" data-image-description=\"&lt;p&gt;Image from the press release. link:&lt;\/p&gt;\n&lt;p&gt;https:\/\/www.globenewswire.com\/news-release\/2025\/11\/13\/3187542\/0\/en\/iMarketAmerica-Announces-Groundbreaking-for-Massive-Industrial-Park-in-Central-Texas.html&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Rendering of Gradiant Technology Park, that will be developed in three phases and will include heavy industrial and mixed-use space. Image courtesy of iMarketAmerica&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/iMarket-GTP-Dock-e1763113485986.jpg?w=1024\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/iMarket-GTP-Dock-e1763113485986.jpg\" alt=\"Rendering of Gradiant Technology Park, an industrial project in Taylor, Texas\" class=\"wp-image-1004778062\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/iMarket-GTP-Dock-e1763113485986.jpg 1658w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/iMarket-GTP-Dock-e1763113485986.jpg?resize=300,195 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/iMarket-GTP-Dock-e1763113485986.jpg?resize=768,500 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/iMarket-GTP-Dock-e1763113485986.jpg?resize=1024,667 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/iMarket-GTP-Dock-e1763113485986.jpg?resize=1536,1001 1536w\" sizes=\"auto, (max-width: 1658px) 100vw, 1658px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Rendering of Gradiant Technology Park, that will be developed in three phases and will include heavy industrial and mixed-use space. <em>Image courtesy of iMarketAmerica<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Manufacturing and tech, especially EV and electronics, are partly behind the metro\u2019s industrial sector growth, driving supply chain expansion. Samsung\u2019s $17 billion chip factory in Taylor, Texas, has contributed to a lot of supportive infrastructure and facilities shaping up. <\/p>\n\n\n\n<p>Last year, <a href=\"https:\/\/www.commercialsearch.com\/news\/imarketamerica-to-kick-off-2-2-msf-project\/\">iMarketAmerica started work on its first project<\/a> in the Texas capital, Gradient Technology Park. The 2.2 million-square-foot campus will include heavy industrial and mixed-use space serving the semiconductor industry.<\/p>\n\n\n\n<p>However, developers are winding down in Austin as well, as the market is still absorbing the last batch of space. In 2025, slightly more than 6 million square feet broke ground across the metro, nearly half of the 11 million square feet that started construction in 2024. At the beginning of this year, Austin had 10.4 million square feet underway.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-charlotte-n-c\">Charlotte, N.C.<\/h2>\n\n\n\n<p>A total of 40 projects came online in Charlotte last year, totaling 9.9 million square feet of industrial space, down just 5.6 percent from the 10.5 million square feet and 42 developments that were completed in 2024.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a1072b5cfa7f&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignleft size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1540\" height=\"1152\" data-attachment-id=\"1004764323\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/idi-logistics-breaks-ground-on-charlotte-distribution-center\/nevada-logistics-center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Nevada-Logistics-Center-e1752043072319.jpg\" data-orig-size=\"1540,1152\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Nevada Logistics Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Rendering of the upcoming Nevada Logistics Center, that will include 36-foot clear heights and a speculative office suite. Image courtesy of Avison Young&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Nevada-Logistics-Center-e1752043072319.jpg?w=1024\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Nevada-Logistics-Center-e1752043072319.jpg\" alt=\"Rendering of Nevada Logistics Center, an industrial development in Charlotte, N.C.\" class=\"wp-image-1004764323\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Nevada-Logistics-Center-e1752043072319.jpg 1540w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Nevada-Logistics-Center-e1752043072319.jpg?resize=300,224 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Nevada-Logistics-Center-e1752043072319.jpg?resize=768,575 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Nevada-Logistics-Center-e1752043072319.jpg?resize=1024,766 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Nevada-Logistics-Center-e1752043072319.jpg?resize=1536,1149 1536w\" sizes=\"auto, (max-width: 1540px) 100vw, 1540px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">IDI&#8217;s Nevada Logistics Center is a shallow bay property designed to achieve LEED certification upon completion, later this year. <em>Image courtesy of Avison Young<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Tenants\u2019 interest in the metro remains solid. Charlotte\u2019s connectivity to East Coast ports and expanding air cargo capacity provide support for a mix of distribution, light manufacturing and supply chain demands across the region. Last year, <a href=\"https:\/\/www.commercialsearch.com\/news\/idi-logistics-breaks-ground-on-charlotte-distribution-center\/\">IDI Logistics broke ground on a new facility<\/a> in the Airport submarket, slated to come online later this year. <\/p>\n\n\n\n<p>Bucking nationwide trends, Charlotte developers increased their activity year-over-year. In 2025, a total of 10 million square feet broke ground, nearly double the 5.2 million square feet that started construction a year prior. At the beginning of this year, the metro had 8.2 million square feet under construction across 28 projects.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-chicago\">Chicago<\/h2>\n\n\n\n<p>Chicago ranked seventh among the top markets for industrial development in 2025, with just under 8 million square feet of space coming online across 30 projects. Completions were down to half of the total recorded in 2024\u201415.9 million square feet across 45 properties.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a1072b5d00fd&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"620\" data-attachment-id=\"1004772779\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/university_park_industrial_cropped\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/University_Park_Industrial_Cropped.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"University_Park_Industrial_Cropped\" data-image-description=\"&lt;p&gt;Cropped for featured image. Image came in email from Avison Young on 9\/25.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Clarius Partners and Hillwood Investment Properties will jointly market the industrial facility for lease. Image courtesy of Heitman Architects Incorporated&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/University_Park_Industrial_Cropped.jpg?w=800\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/University_Park_Industrial_Cropped.jpg\" alt=\"A rendering of the industrial facility being developed by Clarius Partners and Hillwood Investment Properties.\" class=\"wp-image-1004772779\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/University_Park_Industrial_Cropped.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/University_Park_Industrial_Cropped.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/University_Park_Industrial_Cropped.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Clarius Partners and Hillwood Investment Properties will jointly market the industrial facility for lease. <em>Image courtesy of Heitman Architects Incorporated<\/em><\/figcaption><\/figure><\/div>\n\n\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/chicago-industrial-market-update\/\">Chicago\u2019s industrial market<\/a> remains essential for the U.S. economy through its status as the largest intermodal hub in the nation. Speculative development has greatly diminished in the past two years across the nation, but Chicago is one of the exceptions, partly driven by solid bulk leasing activity.<\/p>\n\n\n\n<p>One of the largest industrial properties underway in the metro is a 970,123-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/hillwood-clarius-partners-launch-1-msf-industrial-project\/\">facility developed by Hillwood Investment Properties<\/a> and Clarius Partners. The speculative project is slated to come online in the third quarter of this year.<\/p>\n\n\n\n<p>New starts amounted to 11.7 million square feet in 2025, up 61.9 percent year-over-year, as demand in the market was still strong despite economic uncertainty. At the beginning of this year, Chicago had 12.3 million square feet of industrial space under construction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-las-vegas\">Las Vegas<\/h2>\n\n\n\n<p>Las Vegas came in at rank eight, with developers adding 5.8 million square feet of industrial space across 43 projects last year, down to less than half the 12.9 million square feet and 52 properties delivered in 2024.<\/p>\n\n\n\n<p>Connectivity to Western U.S. logistics networks is a main driver for Las Vegas\u2019 industrial market. This continues to attract tenants, from e-commerce fulfillment to last-mile and regional distributors that spill over from high-cost West Coast markets. In <a href=\"https:\/\/www.commercialsearch.com\/news\/qa-caprock-partners-on-western-industrial-trends\/\">an interview with <em>Commercial Property Executive<\/em><\/a><em>,<\/em> CapRock Partners\u2019 Taylor Arnett, senior vice president of acquisitions, said that Las Vegas shifted in recent years from an undersupplied to an oversupplied market, prompting a flight to quality from tenants.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"620\" data-attachment-id=\"1004772944\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/lincoln-delivers-1-6-msf-las-vegas-industrial-development\/windsorcommercepark\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/WindsorCommercePark.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"WindsorCommercePark\" data-image-description=\"&lt;p&gt;Image sourced from citybiz press release &lt;\/p&gt;\n&lt;p&gt;September 2025.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Windsor Commerce Park is building a tenant roster with regional and global tenants across its 1,585,440-square-foot campus. Image courtesy of Lincoln Property Co. &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/WindsorCommercePark.png?w=800\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/WindsorCommercePark.png\" alt=\"A photo of Windsor Commerce Park in metro Las Vegas, one of the largest industrial developments to come online last year.\" class=\"wp-image-1004772944\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/WindsorCommercePark.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/WindsorCommercePark.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/WindsorCommercePark.png?resize=768,595 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><figcaption class=\"wp-element-caption\">Windsor Commerce Park is building a tenant roster with regional and global tenants across its 1.6 million-square-foot campus. <em>Image courtesy of Lincoln Property Co. <\/em><\/figcaption><\/figure><\/div>\n\n\n<p>In September last year, <a href=\"https:\/\/www.commercialsearch.com\/news\/lincoln-delivers-1-6-msf-las-vegas-industrial-development\/\">Lincoln Property Co. completed Windsor Commerce Park<\/a>, its first ground-up industrial project in Nevada. The eight-building campus totals 1.6 million square feet and features a mix of regional and global tenants.<\/p>\n\n\n\n<p>A total of 13 projects, encompassing 4.9 million square feet, broke ground across the metro last year. Las Vegas developers favored larger footprints on average, as highlighted by the 4.6 million square feet and 35 projects that started construction in 2024. At the beginning of this year, there were 4.8 million square feet underway in the metro.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-los-angeles\">Los Angeles<\/h2>\n\n\n\n<p>Los Angeles developers added 5.8 million square feet of industrial space across 34 projects last year, on par with the 5.7 million square feet and 36 properties completed in 2024.<\/p>\n\n\n\n<p>Anchored by the Ports of Los Angeles and Long Beach, industrial market dynamics across the region are heavily impacted by <a href=\"https:\/\/www.commercialsearch.com\/news\/how-trade-shifts-impact-port-real-estate\/\">trade policy uncertainty<\/a>, as well as a scarcity of infill space. This has pushed some major development efforts toward the northern end of Los Angeles County, in Lancaster, Calif., San Fernando Valley and Thousand Oaks in Ventura County.<\/p>\n\n\n\n<p>The two largest assets completed last year are both in the Antelope Valley submarket, near Lancaster. One of them is a Trader Joe\u2019s food assembly and distribution facility measuring 827,000 square feet, while the second one is NorthPoint Development\u2019s 647,757-square-foot facility within its Fox Field Commerce Center.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a1072b5d0a3c&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"820\" height=\"615\" data-attachment-id=\"1004762167\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/stream-breaks-ground-on-la-industrial-complex\/101-logistics-center-1005x700\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/101-Logistics-Center-1005x700-1-e1750338658691.jpg\" data-orig-size=\"820,615\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"101-Logistics-Center-1005&#215;700\" data-image-description=\"&lt;p&gt;101 Logistics Center. Image courtesy of Stream Realty Partners&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;101 Logistics Center. Image courtesy of Stream Realty Partners&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/101-Logistics-Center-1005x700-1-e1750338658691.jpg?w=820\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/101-Logistics-Center-1005x700-1-e1750338658691.jpg\" alt=\"An aerial rendering of 101 Logistics Center, an industrial campus in the Los Angeles metro area.\" class=\"wp-image-1004762167\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/101-Logistics-Center-1005x700-1-e1750338658691.jpg 820w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/101-Logistics-Center-1005x700-1-e1750338658691.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/06\/101-Logistics-Center-1005x700-1-e1750338658691.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 820px) 100vw, 820px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">The 101 Logistics Center buildings will feature from 32- to 40-foot clear heights.&nbsp;<em>Image courtesy of Stream Realty Partners<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>A total of 2.9 million square feet broke ground in 2025 across the metro, encompassed in just 20 projects. This was a significant decline from the 5.3 million square feet and 28 developments that started work a year prior.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/stream-breaks-ground-on-la-industrial-complex\/\">Stream Realty Partners broke ground on 101 Logistics Center<\/a> in June last year, a four-building campus set to measure 738,000 square feet upon completion. At the beginning of this year, Los Angeles had just under 4 million square feet underway.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-orlando-fla\">Orlando, Fla.<\/h2>\n\n\n\n<p>Orlando closed off the top 10 markets for industrial development in 2025, with 4.6 million square feet delivered across 36 projects. That was 1 million less than the total recorded in 2024, which saw 35 industrial developments come online.<\/p>\n\n\n\n<p>Rapid population and job growth sustain <a href=\"https:\/\/www.commercialsearch.com\/news\/whats-propelling-floridas-commercial-development-rush\/\">Florida\u2019s economic expansion<\/a> in recent years, in turn creating a surge in demand for logistics. The I-4 corridor is evolving as a statewide hub to meet these demands, partly through Orlando\u2019s growing industrial footprint.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a1072b5d10f0&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignleft size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"2925\" height=\"2194\" data-attachment-id=\"1004773865\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/stonemont-delivers-259-ksf-campus-in-orlando\/429-1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/429-1-e1759822512538.jpg\" data-orig-size=\"2925,2194\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"429_Business_Center_Orlando\" data-image-description=\"&lt;p&gt;Image received together with the press release, via e-mail from Stonemont Financial Group&#8217;s PR,&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The facilities at 429 Business Center include rear and front load configurations and ample vehicle and trailer parking space. Image courtesy of Stonemont Financial Group&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/429-1-e1759822512538.jpg?w=1024\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/10\/429-1-e1759822512538.jpg\" alt=\"Aerial shot of 429 Business Center, a recently completed industrial park near Orlando.\" class=\"wp-image-1004773865\" style=\"width:400px;height:auto\"\/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Stonemont&#8217;s 429 Business Center includes features such as rear and front load configurations and ample vehicle and trailer parking space. <em>Image courtesy of Stonemont Financial Group<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Constellation Real Estate Partners completed the largest asset to come online in 2025, a 456,000-square-foot building that is part of the developer\u2019s Constellation Air Commerce Park near the Orlando International Airport. In the eastern part of the metro, <a href=\"https:\/\/www.commercialsearch.com\/news\/stonemont-delivers-259-ksf-campus-in-orlando\/\">Stonemont Financial Group delivered 429 Business Center<\/a>, a 259,255-square-foot campus that comprises seven buildings.<\/p>\n\n\n\n<p>Construction starts greatly diminished across Orlando as well. Only 1.4 million square feet in 17 projects broke ground last year, down to roughly a third from the 4.1 million square feet and 25 developments that started construction in 2024. At the beginning of this year, Orlando had 2 million square feet of industrial space underway, across 13 assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest ranking points to a slowdown in activity, with some surprising outliers.<\/p>\n","protected":false},"author":1284,"featured_media":1004787272,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,22251,21748,41288,23891,21742,51132,51037],"tags":[39329,32785],"class_list":["post-1004711367","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-in-focus","category-industrial","category-rc-listicles","category-national","category-latest","category-newsletter-graph","category-trends","tag-topofthelist","tag-yardi-matrix"],"acf":[],"yoast_head":"<!-- This site is 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content=\"https:\/\/www.commercialsearch.com\/news\/top-markets-for-industrial-deliveries\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-03T13:38:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-14T11:23:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/02\/Top-Markets-for-Industrial-Deliveries-2025-e1770746819214.png\" \/>\n\t<meta property=\"og:image:width\" content=\"954\" \/>\n\t<meta property=\"og:image:height\" content=\"717\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tudor Scolca\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta 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Scolca","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/TudorScolca_AuthorBio.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/TudorScolca_AuthorBio.jpg?w=96","caption":"Tudor Scolca"},"description":"Tudor Scolca-Seu\u0219an is an Associate Editor with Commercial Property Executive and Multi-Housing News. 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