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Chilling Expansion: Chicago’s cold storage boom Development of cold storage buildings is surging in Chicago's Industrial market https://www.avisonyoung.us/w/friendly-journal-URL The development of...

Sub-100,000-sf requirements dominating leasing activity in Nashville, keeping vacancy tight for small-bay properties Industrial leasing in Nashville is at record highs, driven by strong demand for...

A delta in total vacancy rates among different building size groups has emerged across the Philadelphia industrial market A sharp increase in quarterly deliveries combined with multiple large block...

Orlando industrial vacancy remains low in smaller buildings Vacancy rates in the Orlando industrial sector have risen, with smaller buildings having the lowest vacancy rate standing at 4.7% in Q3...

Chicago industrial deliveries slow while vacancy remains stable Construction activity in the Chicago industrial sector has slowed as vacancy remain stable...

Manufacturing job postings dominate the Indianapolis MSA The manufacturing sector is leading the way in industrial job postings in Indianapolis, while both wholesale and transportation and...

Detroit industrial big box vacancy remains the lowest The Detroit industrial market has been historically conservative regarding new development which has benefited market fundamentals with vacancy...

New Jersey industrial total availability rate hits 10% for the first time in a decade, is this a sign for a forthcoming healthy market? NJ industrial total available sf and total availability % -...

Chicago's O’Hare International Airport sees increase in cargo Chicago’s O’Hare international airport saw a significant change in international and domestic cargo as increased trade, growth of...

Greenville-Spartanburg industrial market poised to end 2024 strong The Greenville-Spartanburg industrial market is showing promising signs of a strong finish in 2024, with Q3 leasing activity...

New Jersey industrial sublet availability soars https://www.avisonyoung.us/w/friendly-journal-URL   Currently, there is 8.3 million square feet (msf) of sublet space available in New Jersey,...

Nashville investment activity begins to rebound in the first half of 2024 Investment sales volume in Nashville saw a strong rebound in early 2024 with significant increases in most property sectors...

DFW’s industrial market – going through a rapid evolution While DFW has been a preferred logistics hub for a very long time due to the combination of its central US location and strong multimodal...

Smaller U.S. industrial spaces outshine bulk sector amid inventory shortages and evolving tenant preferences The oversupply of larger industrial spaces has received considerable attention; however,...

Investor confidence on the rebound: U.S. industrial pricing remains positive amid rising costs and curbed transaction activity The industrial sector has maintained value appreciation and robust...

The data-driven future: global datasphere’s rapid growth expected to drive demand on data centers Explore the exponential growth in data consumption and AI technologies and the effects on the...

Houston’s top submarkets for industrial growth The Houston industrial market has experienced significant growth since Q4 2019, with a total of over 127 msf of new space added, representing a...

The future is bright for manufacturing in Charleston Charleston, South Carolina is one of the top-growing manufacturing markets in the U.S., with the automotive & transportation industry as the...

Shifting sales dynamics in the Tampa industrial market Higher-priced industrial spaces are dominating in Tampa, signaling valuations are continuing to increase in 2024....

Chatham County experiences massive industrial rent growth in Raleigh-Durham https://www.avisonyoung.us/w/friendly-journal-URL – Chatham County is experiencing by far the most industrial rent growth...

Chicago industrial average price per sf holds strong despite slowing activity Despite a slowdown in overall investment activity within the Chicago industrial market, the average price per sf has...

Long Island Industrial available space steadily decreasing https://www.avisonyoung.us/w/friendly-journal-URL   In Q2 2024, there was 9.47 million square feet (msf) of total available industrial...

Q2 2024 industrial investment sales volume in Greater Boston already exceeds Q1 totals, on pace to set a 2-year quarterly record https://www.avisonyoung.us/w/friendly-journal-URL In Q1 2024,...

Available sublease space in the NJ industrial market increases by 34% year-to-date https://www.avisonyoung.us/w/friendly-journal-URL Since year end 2023 there has been 2.15 million square feet of...

Decoding the disparity: Unraveling the divergence between office and industrial capitalization rates Several factors are at play with the reshaping of office and industrial investor cap rates from...

Houston industrial flex spaces see longer lease times Houston’s industrial real estate continues to see strong leasing activity, with spaces filling up quickly....

Industrial activity in New Jersey stumbles through the first quarter https://www.avisonyoung.us/w/friendly-journal-URL 6.67 msf of leasing activity occurred in the first quarter of 2024, falling...

Industrial facilities ranging from 100,000 to 249,000 square feet in Greater Boston experience a rise in their share of leasing activity https://www.avisonyoung.us/w/friendly-journal-URL Within the...

Chicago’s industrial landscape is seeing a decrease in both average lease term and landlord incentives Tenant uncertainty leads to decrease in average lease term and landlord incentives as tenants...

The New Jersey industrial market continues to see an increase in smaller sized leases https://www.avisonyoung.us/w/friendly-journal-URL So far in 2024, 93% of industrial leases signed have been for...

Greenville—the most affordable industrial market in the Southeast Industrial commercial real estate rent growth has increased significantly in the Southeast between 2020 and 2023, with Greenville...

Most active developers in the Austin industrial market Leading developers have been focusing their attention on Austin's suburban submarkets, such as Hays, Georgetown, and Far Northeast....

Houston industrial warehouse and distribution rental rates are stabilizing Houston industrial rents dipped at the pandemic's start, then surged to record highs. Now we are seeing signs of...

How have Denver industrial sales been affected by interest rates? Rising interest rates, reaching 5.3% by year-end 2023, have increased borrowing costs for developers and investors, leading to a...

Rapid industrial growth continues to boost industrial rents across Nashville and the Southeast Discover the booming industrial growth in the Southeast, particularly in Nashville, with rates...

Is Charleston the most affordable industrial market in the Southeast? Charleston's steady growth, connectivity and affordability provides a desirable opportunity for industrial tenants, especially...

Philadelphia industrial market fundamentals remain strong amid record new deliveries over the last twelve months Average lease size and average executed rent over the last twelve months by...

Raleigh-Durham shows rent growth and southeast rates boom https://www.avisonyoung.us/w/friendly-journal-URL – Southeastern markets have shown promising rent growth figures over the past few years,...

Manufacturing facilities in Boston exhibit the shortest average time on market in Q1 2024 among all industrial property subtypes. https://www.avisonyoung.us/w/friendly-journal-URL Despite a surplus...

Industrial industries continue to see major gains in Denver The Denver industrial market has demonstrated resilience in the face of challenging market conditions with robust leasing activity...

Supply chains search for stability to limit holiday impact amid Gulf & East Coast Union contract issues Labor contract expirations in the Gulf and East Coast ports may lead to increased traffic in...

Chicago’s industrial sector rebalancing workforce dynamics Though job postings in several of Chicago's industrial industries have declined between 2022 to 2023, postings in the wholesale sector...

Riding the industrial rent wave in West Palm Beach West Palm Beach's new construction projects have driven uneven rent growth across submarkets, with some experiencing substantial increases while...

Peer city comparison: will lack of rapid mass transit stunt Nashville’s future population growth? Despite being one of the few major metropolitan cities in the Southeast without rapid mass transit,...

How are CRE loan maturities changing over the next five years in Fort Lauderdale? Discover Fort Lauderdale's commercial real estate market dynamics as $16.3 billion worth of loans are set to mature...

Orlando’s industrial market combats trends with impressive growth and strong tenant demand With the highest number of deliveries in eight years, rising rents, and robust tenant demand, Orlando's...

Despite record-high industrial space being delivered in 2023, vacancy rates for properties sized 20–99k SF in Boston remained stable https://www.avisonyoung.us/w/friendly-journal-URL As a result of...

New Jersey industrial construction starts grind to a near halt https://www.avisonyoung.us/w/friendly-journal-URL Since 2018, the average quarterly construction starts in New Jersey amounted to 3.17...

Smaller warehouse and distribution spaces seem of better value to investors in the Phoenix industrial market Smaller warehouse and distribution spaces seem of better value to investors in the...

U.S. electric vehicle sales tapping brakes in 2024 after record-breaking year After exceeding one million units sold in 2023, electric vehicle sales in the U.S. have started to show signs of...

Large Denver industrial spaces sustain peak vacancy rates As occupiers seek out industrial space, an emerging trend showcases the desire for smaller space. This trend is supported by leasing...

Houston developers build record-breaking 32.4 msf of new industrial product in 2023 Big box development has significantly expanded by 8.7 msf from 2016 to 2019 and reached a peak in 2022 with an...

Chicago’s industrial supply vs. demand, a tricky balancing act Chicago's industrial sector sees robust demand despite record new deliveries. 20.5 msf of positive net absorption in 2023 outpaced 35...

In 2023, preleasing activity in the New Jersey industrial market experienced a decline https://www.avisonyoung.us/w/friendly-journal-URL Over the last decade, the average occupancy rate upon the...

Las Vegas industrial space upholds market’s positive absorption numbers in the last decade...

Broader industrial market in Silicon Valley reveals a dichotomy between two product types graph of East Bay, San Francisco, SF Peninsula and Silicon Valley quarterly VC funding in billions compared...

Philadelphia industrial new deliveries in 2023 by submarket New industrial product deliveries in Philadelphia are returning to pre-pandemic levels https://www.avisonyoung.us/w/friendly-journal-URL...

Countdown to consequences: near-term Nashville loan maturities give landlords a real minefield to navigate A substantial number of office and industrial loans mature in Nashville in the next 12...

Navigating the surge: How a new wave of industrial availability in Miami is affecting the average months on market for leasable space Miami's industrial market displayed strong fundamentals...

U.S. Port activity currently third highest on record despite slow start to year U.S. Port activity currently third highest on record despite slow start to year...

Chicago's industrial subleasing landscape: Trends, hotspots and dominant industries https://www.avisonyoung.us/w/friendly-journal-URL YTD 2023 sublet availability across the Chicago market has...

Houston's industrial leasing activity by submarket The Northwest submarket has the highest leasing volume YTD, with 9.6 msf leased, followed by the North and Southwest submarkets with 7.4 msf and...

Austin industrial sector continues expansion with thriving construction pipeline Areas of significant industrial development include the I-35 corridor in Hays County, southeast Austin and the...

As New Jersey's port volume declines, so does industrial demand https://www.avisonyoung.us/w/friendly-journal-URL Total loaded shipping volume drops by 17.5% year-over-year. The decline in shipping...

Industrial space in Orlando: A tale of two extremes Industrial development in Orlando is focused on smaller buildings, indicating a rise in downsizing...

West Palm Beach’s industrial leasing activity continues its steady momentum Industrial leasing volume in West Palm Beach is on track to experience another robust year in 2024...

Ports across the state expected to positively affect Greenville’s industrial sectors in 2024 Inland Port Greer broke records in August; however, yearly port activity throughout South Carolina is...

South Carolina ports forecasted to rebound in 2024 and bring positive activity to Charleston’s industrial market Although port activity in South Carolina is expected to further decrease by the end...

Months on the market — another indicator of the industrial sector’s underlying strength in DFW Another barometer to gauge market vitality is months on the market, the time space remains on the...

Houston’s industrial construction groundbreakings slowing Upward pressure on vacancies and a record number of new deliveries has caused the industrial development pipeline to decline since hitting...

Chicago industrial market sees big box inventory, buildings over 250,000 sf continue to perform well Big box inventory in Chicago industrial market continues to perform well as vacancy rates for...

Nashville industrial: lone sector recording YTD investment sales pricing growth Industrial has been the sector of choice for many buyers/funds due to tremendous growth and resilience it has...

DFW International Airport — continual growth and influence The growth of the DFW International Airport and its powerful influence on the area’s economic growth. Corporate headquarters relocation...

Greater Boston idustrial sales volume accelerates in Q3 2023 https://www.avisonyoung.us/w/friendly-journal-URL Over the past 12 months, rising interest rates have exerted substantial downward...

The Stateline and Airport submarkets see the largest increase in industrial growth across the Charlotte MSA over five years Charlotte’s Airport and Stateline submarkets have delivered 15.2msf of...

Major tenants drive shift in industrial leasing activity in Tampa Post-pandemic changes to industrial leasing demand in Tampa differs by industry type...

West Palm Beach industrial job postings begin to taper off but remain higher than pre-pandemic levels Industrial job listings have soared in West Palm Beach compared to pre-pandemic levels but have...

Miami’s supply of small bay industrial buildings continues to dwindle South Florida's inventory of small bay warehouses remains in high demand as vacancy rates decrease...

Investment activity shows resiliency through economic headwinds in Fort Lauderdale Fort Lauderdale's industrial investment volume is booming amidst economic downturns...

North Carolina class A industrial performance takes the lead in the southeast Class A industrial space in North Carolina outperforms similar property in other major southeastern markets...

Leasing activity across the Chicago Industrial market continues to surpass the rapid pace of new developments Demand increases and vacancy rates shrink as Chicago industrial market remains active...

Big box leases driven by e-commerce no longer dominate industrial demand in Houston Despite a surge in demand for larger spaces exceeding 500k sf driven by e-commerce during the pandemic, the...

Industrial tenants continue to expand and relocate to Nashville at pre-covid levels While office tenants have seen a notable pause, industrial tenants continue at the same pace....

Charleston’s industrial construction decelerates amidst increasing new building costs Industrial construction in Charleston slows, despite high demand. The rising cost of building materials, labor...

From empty spaces to thriving places: the surging of Chicago industrial rental growth Chicago's industrial rental growth surges as rental rates rise and big box leases in the I-80 Corridor nearly...

Boston - International trade volume continues its upward trajectory after hitting lows in early 2022 https://www.avisonyoung.us/w/friendly-journal-URL After reaching a nearly all-time low in 2022,...

Atlanta’s Northeast submarket boasts largest increase in industrial growth over the last five years https://www.avisonyoung.us/w/friendly-journal-URL – The Northeast submarket recorded the most...

New Jersey's Industrial Leasing: A Signal of Post-Pandemic Resilience and Recovery https://www.avisonyoung.us/w/friendly-journal-URL Industrial leasing activity in New Jersey year-to-date is on...

Orlando's industrial rents are on the rise as vacancy continues to decline The increase in Orlando's industrial asking rents has directly correlated with lower vacancy rates over the same period...

Industrial development demands are shifting in Jacksonville Jacksonville's industrial pipeline has varied greatly over the years as general warehouse facilities continue growing in popularity...

Federal spending helps drive the DFW region’s prosperity Federal spending awarded to Texas helps drive the prosperity of the Dallas-Fort Worth region...

Charlotte’s heavy industrial land supply is shrinking A county wide decrease in the number of approved rezoning petitions to light industrial use presents a clear market constraint on new IOS in...

New Jersey industrial price per square foot rises despite decrease in sales volume https://www.avisonyoung.us/w/friendly-journal-URL New Jersey's industrial sales volume through the first half of...

Port volumes continue to soften in Los Angeles and the Inland Empire Port volumes slowdown in Los Angeles and the Inland Empire after reporting record setting numbers in 2021 and 2022...

Suburban properties in Nashville witness psf pricing growth amid rising interest rates Viewed as a more affordable option, YTD office and industrial suburban sales have witnessed psf pricing growth...

Long Island - For the second consecutive month, the ports of New York and New Jersey maintain a trajectory toward "normalcy" https://www.avisonyoung.us/w/friendly-journal-URL   Shipping volume is...

New inventory in Miami is expected to further drive demand in Florida’s already-booming industrial sector Florida's industrial market experiences a surge, with construction in Miami anticipated to...

Houston’s industrial historical and projected construction Houston’s industrial construction pipeline remains robust, with 29.7 msf underway and 24.8 msf projected to be delivered by year-end....

Tampa’s industrial sector leads among Florida markets for the highest positive absorption in the state Industrial tenant interest has picked up in Florida due to the state’s prime location, with...

Under construction ground-breaking snapshot – Chicago Industrial Construction activity in the Chicago industrial market is showing signs of decline, with only 2.8 msf having started construction in...

New construction in Charlotte dwindles to a three-year low Industrial construction starts have slowed down due to various factors such as economic uncertainties, tightened money supply, selective...

EV invests in the state of Georgia https://www.avisonyoung.us/w/friendly-journal-URL Georgia continues to attract companies within the electric mobility industry. Over the last 5 years, the state...

The Los Angeles Mansion Tax's effect on commercial real estate LA's Mansion Tax has brought a new discussion for investors when buying or selling properties...

An increase in available Raleigh-Durham industrial inventory is met with a decrease in development activity 4.7 million square feet of industrial product is under construction, while available...

Industrial leasing activity declines for the second quarter https://www.avisonyoung.us/w/Industrial leasing activity declines for the second quarter Leasing activity in the Denver, Boulder and Fort...

The dance of dollars: Exploring investment volume by property type in the DC Metro Region https://www.avisonyoung.us/w/friendly-journal-URL The DC Metro Region, echoing a similar national trend,...

Raleigh-Durham continues to experience all-time high hourly construction wages with a moderate decrease in square footage under construction Southeast construction pipelines and labor wage...

Competitive labor conditions across Southeast metros affect Charleston, causing construction wages to rise Average hourly construction labor wages increase in Southeast cities in hopes of filling...

Regional construction pipelines and labor wages: How does Greenville, SC stack up? Southeast cities experience a rise in average hourly construction labor wages are on the rise amid workforce...

Atlanta ranks second among peer Southeast cities for highest average hourly construction wages amid widespread labor shortage Demand continues to climb in Atlanta, as does the market's office and...

Investment activity in Jacksonville follows national trend with significant decline Rising interest rates, low capital availability and cap rate expansions cause Jacksonville's investment activity...

Charlotte, NC ranks No. 12 out of 49 on a list of the top cities for construction workers in 2022 Desirability as an industrial hub is helping the metro stay ahead with competitive labor conditions...

Nashville ranks as a top metro for construction labor wages compared to peer cities in Southeast Southeast construction pipelines and labor wage disparity resulting in competitive labor conditions....

Philadelphia industrial job postings see increase after exhibiting a twelve-month decline https://www.avisonyoung.us/w/friendly-journal-URL In the past twelve months, total industrial-based job...

Inland Empire industrial sublet space is on the rise In Inland Empire, there are currently over 8.5 million square feet of available sublet space. https://www.avisonyoung.us/w/friendly-journal-URL...

Las Vegas industrial outlook: Climbing deliveries and falling vacancy https://www.avisonyoung.us/w/las-vegas-industrial-outlook-climbing-deliveries-and-falling-vacancy With industrial development...

Houston's port continues to outperform its competitors While Port Houston ranks fifth in total TEUs, it's the only port to show positive year-over-year growth in 2023, securing the top spot among...

Office Construction Slows in Central and Northern New Jersey as Flight-to-Quality/Efficiency Trends Emerge https://www.avisonyoung.us/w/friendly-journal-URL The New Jersey office market will...

Phoenix industrial outlook: Demand, vacancy, and deliveries https://www.avisonyoung.us/w/phoenix-industrial-outlook-demand-vacancy-and-deliveries In 2024 and beyond, it would appear Phoenix may be...

Nashville’s exponential industrial rent growth forcing tenants to weigh options Find out what is attributing to this market-wide rent growth and what is the most critical cost-cutting measure....

DFW’s industrial pipeline— matching demand for new space The question of “overbuilding” frequently comes up given DFW’s significant development pipeline, but lease-up has been strong....

Low industrial availability in Miami creates a surge in average asking rents Increased industrial demand since the pandemic puts pressure on owners to raise asking rents in Miami...

Awaiting industrial market equilibrium in the Greater Philadelphia region A look into Philadelphia's industrial space delivered, in production or scheduled to deliver yearly since 2016...

Low availability pushing average industrial asking rents in Charlotte, NC Charlotte’s industrial vacancy rate has seen a continuous decline over the last three years while occupancy levels climb...

Increasing Asian Pacific trade lane activity bolsters Boston’s imports / exports via newly dredged harbor "Boston's Conley Terminal sees import/export surge from Asia-Pacific trade lane via Panama...

Charleston industrial vacancy hits historical lows as the Port of Charleston draws high demand Import container volumes (TEUs) paired with low vacancy rates speak to increased demand and the need...

New construction in Tampa drives increase in industrial asking rents As Tampa's annual deliveries continue climbing, industrial asking rents reach new highs...

Industrial demand drives positive net absorption with newly delivered supply placing upward pressure on vacancy...

Atlanta’s industrial construction pipeline remains strong amidst a large amount of new space delivering in 1Q2023 A large amount of new industrial space was delivered in 1Q23 and strengthened...