With tariffs recently lowered, retailers are rushing to bring in merchandise before the current pauses on U.S. and reciprocal tariffs end in July and August.
Certified by U.S. Customs and Border Protection, bonded warehouses allow importers to delay paying duties until merchandise is sold or moved, which has made them highly sought-after during times of trade uncertainty. However, the surge in demand has nearly exhausted the supply.
President Trump emphasized that there was “no room left for Mexico or for Canada” to avert the new tariffs, fueling concerns about a potential North American trade war that could ripple across various industries. The tariffs are primarily aimed at pressuring the U.S.’s neighbors to curb fentanyl trafficking into the country.
Industrial space rents across the U.S. have shown an upward trend at the start of the year. However, the sector faces challenges that are posing a threat to the bright spot in commercial real estate.
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.