E-Commerce is often cited as a major driver of the industrial boom and indeed it is a significant contributor. However there are other trends pushing this space, such as a desire among companies to tighten logistics strategies as advanced manufacturing continues its return to the United States, driving new space needs.

A new report from Marcus & Millichap notes that ongoing supply chain disruptions may push more firms to bring production back stateside, adding that "advanced manufacturing is already making a prominent return to the US in the form of new semiconductor plants situated across the country, as well as electric vehicle production," and adding that support businesses will then fill space nearby.

Airports will also assume an even more prominent role in logistics this year, as consumer expectations of quick delivery times pushes up against "prodigious backlogs" at major cargo terminals.