Category: #lowindustrialvacancy

Industrial development is settling into a more measured pace after years of rapid expansion, according to our latest industrial report. In 2024, construction starts dropped to 236 million square feet, a 35% decline from 2023 and over 60% from 2022. Vacancy rates are expected to stabilize before ticking down by mid-2025, while the development slowdown is likely to continue. …