Demand for lower-square-footage industrial buildings continues to be fueled by evolving supply chain strategies, last-mile logistics needs and rising consumer expectations.
The logistics demand surge is attributed to the “re-industrialization of America,” fueled by data center development, e-commerce growth, and resilient consumer spending.
The world’s largest industrial developer and landlord announced a spike in warehouse leasing activity following the U.S. November election, which has improved the company’s outlook for warehouse demand in 2025.
In its October Industrial Business Indicator, Prologis observed that the U.S. logistics real estate market is under-going what it called a “mini cycle” that reflects a balance between short-term cyclical uncertainty and long-term adaptation to the future of retailing and supply chain demands.
The first quarter findings show the South Florida industrial market remains on a stable trajectory, as demand continues to outpace supply. Companies keep wanting to take industrial space. Population growth and other factors all seem to be pointing in a positive direction.