Net absorption of occupied industrial space climbed to 60 million square feet in Q3, up nearly 20 million square feet from the same period last year.
warehouse construction Archives - Miami Airport Warehouses
- 10
Feb - 0
- By:ADMIN
Industrial Development Will Slow This Year, According To CommercialEdge
The Yardi-owned company forecasts that a significant rise in new construction in 2025 is unlikely and that the focus in the industrial sector will largely be on developing data centers and manufacturing facilities, as demand for these spaces persists.
- 10
Jun - 0
- By:ADMIN
There’s More Large Industrial Spaces Near Major Seaports Than In Decades
The amount of industrial properties 100,000 square feet or more in size within 30 minutes of ports is at record levels. The reason is economic. Developers wanted to appeal to large companies with strong credit and such companies typically are looking for bigger facilities.
- 24
Apr - 0
- By:ADMIN
Warehouse Construction Is Poised To Significantly Decline In H2 2023
It is expected the US will see a ‘meaningful’ downturn within the next 12 to 18 months. Consequently, a decline in the rate of warehouse construction is forecasted in the coming months. A significant decrease is expected in 2H 2023 and 1H 2024.
- 28
Mar - 0
- By:ADMIN
Slowdown In Warehouse Construction Will Keep Rents On The Rise
The temporary downturn will slow the rise in warehouse rates, but won’t send them into decline, as has happened in transport modes, according to analysts. They project the vacancy rate to creep up to 6% by the end of 2024, still tight by historical standards, and it should keep pushing pricing higher. CLICK ON THE HEADLINE FOR MORE