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Q3 2023 U.S. Industrial Real Estate Market Report

October 10, 2023 / 10 min read

The oncoming new supply of industrial buildings across the country is predicted to pacify tenant demand throughout 2023. The volume of space under construction is driving a moderate increase in vacancy, but not dramatically shifting the market in tenants’ favor.

The U.S. industrial real estate market is downshifting from its record level of activity that has persisted since the pandemic. After a major accumulation of inventory space from fall of 2021 to fall of 2022 to keep pace with consumer demand, manufacturing organizations are pausing further growth due to the economic outlook. In addition, an oncoming new supply of industrial buildings is predicted to pacify tenant demand throughout 2023.

National industrial real estate trends

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If you’d like to learn more about the nation’s industrial real estate outlook, download the full report below. This report will give you full insight into the topics mentioned above along with a variety of other statistics to help you stay ahead of market trends.

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Information contained in this report is provided, in part, from third-party sources, including the U.S. Bureau of Labor Statistics, the Bureau of Economic Analysis, Real Capital Analytics, and CoStar Group. Even though obtained from sources deemed reliable, no warranty or representation, expressed or implied, is made as to the accuracy of the information herein.

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