The demand is rising for flexible industrial spaces and short-term leases in key strategic areas as companies respond to shifting trade conditions fueled by tariffs and global economic uncertainty.
The South—particularly the Southeast—is the fastest-growing manufacturing area. Over the past decade, the South has added more than 100 million square feet of new manufacturing space, and nearly half of all the space under construction in the U.S. is now in the South.
The sustained e-commerce surge continues to drive a considerable threefold demand for logistics space, requiring both expansive facilities and smaller, localized centers to facilitate speedy last-mile deliveries.
The nation’s industrial real estate market is headed toward the closing months of 2022 with strong demand overcoming uncertainty about the course of the global economy. Leasing of logistics, manufacturing and warehouse properties has been hitting records during the third quarter as businesses and investors also build and buy industrial properties at near-record levels, analysts
Anticipating an upward trajectory in demand for distribution and storage space, Seagis Property Group plans to invest in more industrial assets in South Florida, a company executive told the Business Journal. “The acquisitions will come as stresses on the supply chain and the growth of e-commerce companies continue to escalate rates to lease industrial real estate