Inventory (s.f.)
Nearly 54 million square feet of industrial space was delivered in Q1. Moving the total industrial inventory over 13.2 billion square feet.
| Market | Inventory (s.f.) |
|---|---|
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Rental rates ($)
The U.S. industrial rents moving closer to the $6.00-mark, at $5.79 per square foot.
| Market | Rental rates ($) |
|---|---|
| {{ item.name }} |
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YTD net absorption (s.f.)
YTD total net absorption at 42.0 million square feet.
| Market | YTD net absorption (s.f.) |
|---|---|
| {{ item.name }} |
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Total vacancy (%)
Vacancy at 5.0%, despite continued robust construction activity.
| Market | Total vacancy (%) |
|---|---|
| {{ item.name }} |
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Under construction (s.f.)
Despite a strong construction pipeline, strong pre-leasing trends in the newly built industrial product have helped keep the vacancy levels stable.
| Market | Under construction (s.f.) |
|---|---|
| {{ item.name }} |
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United States industrial property clock
Source: JLL