Inventory (s.f.)
2019 deliveries reached 253.8 million square feet, moving the total industrial inventory nearly 13.4 billion square feet.
| Market | Inventory (s.f.) |
|---|---|
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Rental rates ($)
The U.S. industrial rents crossed the $6.00-mark, up to $6.12 per square foot.
| Market | Rental rates ($) |
|---|---|
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YTD net absorption (s.f.)
2019 total net absorption at 225.9 million square feet.
| Market | YTD net absorption (s.f.) |
|---|---|
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Total vacancy (%)
Vacancy is near historical lows at 5.1 percent, despite continued robust construction activity.
| Market | Total vacancy (%) |
|---|---|
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Under construction (s.f.)
Industrial product under construction remains very active, with Tier 1 markets leading the pack.
| Market | Under construction (s.f.) |
|---|---|
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United States industrial property clock
Source: JLL