Industrial

Q4 2024 San Francisco Industrial Market Report Key Findings Industrial rents are among the highest in the country, at $28.00 per square foot, reflecting high land and operating costs. However, the pace of rent growth is among the lowest. Rents have fallen by 0.3% over the last year. Vacancies have risen and now stand at […]

2024 Queens Industrial Market Report   Queen Three Key Takeaways User Activity: The buyer profile in 2024 showed a great deal of aggression amongst first-time user buyers. 57.3% of recorded transactions were bought by users, and these users paid 10.7% more on average than investors. Size Matters: Throughout 2024, the most aggressive pricing was seen […]

Denver Industrial Market Report Key Highlights on the Denver Industrial Market While sales volume in the Denver industrial market in 2024 fell below the 10-year average, it surpassed the figures recorded in 2023. Transaction volume increased by 32% and transaction velocity rose by 40% YOY. The debt market in 2024 presented challenges for investors due […]

2024 Palm Beach County Industrial Market Report Key Findings International and domestic migration boosted population growth, bringing in 36,000 residents to the metro since 2019. National Millwork, a manufacturing tenant, took on the largest lease of the year by leasing over 100,000 square feet in the West of Turnpike submarket. Businesses remain enticed by Palm […]

Market Review & 2025 Forecast 2025 Economic Outlook The summer of 2024 marked a turning point for the U.S. economy, as the uncertainty lingering from the pandemic began to subside. With clearer economic signals and reduced volatility, investors enter 2025 with renewed confidence.   Large institutions, such as Blackstone, increased their activity, signaling a market […]

Industrial Supply Wave Shifts Industrial to Stabilization The Pandemic’s Lingering Effects on the Industrial Segment During the COVID-19 pandemic, lockdowns and restrictions meant that consumers spent significantly more time at home, leading to a surge in the reliance on e-commerce to obtain goods. As a result, e-commerce saw unprecedented growth, with global online sales increasing […]

Atlanta Industrial Market Report Key Findings Atlanta’s vacancy rate reached 7.6% by year-end 2024, the highest since 2020 as new supply exceeded market demand. Net absorption totaled 8.1 million square feet, a 30 percent increase from 2023. Rent increased by 5.6% YOY, with the average asking rent per square foot reaching $9.66. Transaction volume rebounded […]

Chicago Industrial Market Report Key Findings Manufacturing jobs in Chicago are increasing, while its office-using segment is decreasing. Logistic spaces are highly desired, with cap rates between 5.5% and 7.0%. Many multi-tenant industrial properties changed hands in 2024, with a multi-tenant facility making up the largest trade in Q4 2024 at $439 million. Chicago Industrial […]

2024 Brooklyn Industrial Market Report Market Overview Below is an overview of all industrial transactions in 2024 exceeding $1M in Brooklyn and some noteworthy insights.   Total Dollar Volume: $927M—an 83% increase from 2023 and a 14% increase from 2022. Transactions: 102 deals over $1M, up from 61 in 2023 and 101 in 2022. Average […]