US Industrial Real Estate Market Stabilizes on Logistical Resilience in Q2

US Industrial Real Estate Market Stabilizes on Logistical Resilience in Q2

In the second quarter of 2023, the U.S. industrial real estate market demonstrated stable resilience with a net absorption of approximately 29.9 million square feet. The demand growth was driven by new logistics products, despite rising vacancy rates and consolidation pressures in some regions. By 2025, new supply is expected to exceed absorption, while absorption is projected to surpass supply by 2027.

Logistics Sector Rebounds As June LMI Hits High

Logistics Sector Rebounds As June LMI Hits High

In June, the Logistics Manager Index (LMI) significantly rose to 60.7, marking a strong recovery in the logistics sector. The report highlights improvements in inventory levels and changes in transportation and warehousing capacities. However, it also warns of uncertainties in market demand for the second half of the year, which could impact future economic and logistics trends.