With industrial warehouse space in major markets nearly filled to capacity, emerging markets are experiencing a bonanza of industrial sector growth, according to a report released by Colliers.
Half of the US markets tracked by Colliers reported occupancy gains of more than 5 million SF in 2021, while 60 markets posted occupancy gains of more than 1 million SF.
The top industrial markets in 2021, measured in net absorption—Chicago, Dallas-Fort Worth, Atlanta, Inland Empire and Houston, respectively—accounted for nearly 33 percent of all net absorption in the country.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.