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Big-Box Industrial Tides May Be Turning

While vacancy growth slows as the construction pipeline contracts, tenant demand may be making a comeback as certain markets reset. 

By Lynn Brackpool Giles | December 02, 2024 at 04:45 AM

Big-box industrial product continues to set the tone for the overall industrial market, according to a new report from global investment management firm Colliers. The segment attracted the lion’s share of the record demand in response to the pandemic, and is largely what developers have been building during the ongoing cycle.

Craig Hurvitz, Colliers’ director of national industrial research, and Stephanie Rodriguez, Colliers’ national director of industrial services, note that while the product is still dealing with cooling from its post-pandemic highs, there are promising signs of a rebound in the near to long term.

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