Warehouse market conditions are healthy, yet construction is increasing across the nation. Vacancies may fluctuate in some markets as leasing activity plays catch-up with new supply.
JLL’s ‘Big Box’ Outlook explores this across markets and size segments to make conclusions on what the future holds for U.S. industrial real estate.
Read on to learn how:
- Speculative construction is up in major markets, but is down in secondary markets.
- Net absorption is up 29% from last year; a gain that is evenly dispersed across market groupings.
- Demand for big-box space continues to exceed quality supply in most markets.