Industrial

Industrial Report September 2023

2023 Industrial Construction Starts Dip One-Third from Last Year

Competition for industrial space will increase in 2024 and 2025, but we anticipate construction starts to pick up again in 2026.

Industrial Sector Pinched by Interest Rate Hikes 

As capital has become scarcer and more expensive, industrial construction starts and sales have slowed down in 2023.

Industrial Sales Volume Reaches $21.2B at the End of Q2

The sales volume dropped significantly compared to the $55 billion recorded during the same period last year.

Industrial Development Continues to Slow as Demand Normalizes

New starts continued to moderate across top industrial markets in the U.S., with few exceptions, such as Phoenix and Dallas.

Industrial Development Slows as Sector Adapts to Economic Conditions

While the amount of space under construction remained high, new starts have started to slow, reflecting the current economic issues.

With Distress on the Rise, How Worried Should We Be?

Rising interest rates have pushed loan coupons higher, lenders are cutting back to varying degrees and property fundamentals are weakening.

Industrial Sector Ends Q1 with Strong Fundamentals Amid Continued Economic Woes 

Although transaction activity slowed considerably in Q1, industrial remains among the most desirable asset classes.

Industrial Sector Remains Undeterred Despite Economic Slowdown

Albeit transactions slowed across commercial real estate sectors, the first two months of the year saw $3.9 billion in industrial sales.

Port Markets and Logistics Hubs Record Hefty Premiums for New Industrial Leases

Industrial leases signed in the last 12 months reached a national average of $9.01 per square foot, $1.88 more than in-place contracts.

Walkable Urbanism to Drive Future Real Estate Development in the U.S.

Walkable Urbanism to Drive Future Real Estate Development in the U.S. 

The 2023 Foot Traffic Ahead report takes an in-depth look at walkable urban areas in the top 35 U.S. metros.

The End-to-End CRE Solution

From marketing and research to deal management and commission payments, our tools enhance every facet of commercial real estate.