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Logistics & Industrial: Trends & Insights

Stay ahead of the curve with quick, data-rich snapshots of the key trends shaping today’s industrial market. From supply and demand shifts to construction pipelines and leasing activity, each edition delivers timely insights to help you make informed real estate decisions.

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Stay up to date about what's next for the Logistics & Industrial sector of commercial real estate.

February 2026

Large-Format Deals Return
Net absorption surged in late 2025, driven by larger, newer logistics facilities. Deals over 500,000 square feet rose 32% year over year, led by 3PL and manufacturing users, resulting in 113 million square feet absorbed—64% of the national total and signaling a rebound from 2023–2024.

December 2025

As Pipeline Levels Off, Inflection Point in Sight
Construction totals averaged 71 million square feet per quarter in 2025, the lowest level since the mid-2010s. Declining speculative deliveries, coupled with steady leasing activity, have slowed the pace at which the U.S. industrial vacancy rate has risen the last two quarters. With vacancy remaining flat quarter-over-quarter, the market has shown signs of approaching peak vacancy.

October 2025

Pockets of Strong Demand Growth Persist
Several industrial markets are outperforming expectations, signaling persistent demand despite the national market moderating. Modern facilities are leading the charge, driven by strong leasing from manufacturers and 3PLs. Capital markets are responding, with increased activity supported by improved fundamentals and abundant available capital.

Contacts

Jason Price

Senior Director, Americas Head of Logistics & Industrial Research, Global Research
Iselin, United States

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Jason Tolliver

President, Americas Logistics & Industrial Services
Indianapolis, United States

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