Report | United States Industrial Outlook - Q2 2015
U.S. net absorption again is up,
vacancy is tight and warehouse rents increased across the board in nearly every
market. New construction is on the rise in a handful of markets, but
overbuilding is not yet a concern based on active tenant requirements.
The nation is on track to add 171
million square feet in completions this year, marking a 7-year high, but still
under the 2007 cycle's annual average of 184 million square feet. Net
absorption is anticipated to exceed new construction for the sixth consecutive
year. Average asking warehouse rents, meanwhile, are expected to have a 4.8%
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