US industrial outlook Q2 2018

Leasing sentiment remains optimistic for the second half of 2018. The industrial market has seen positive rent growth and while the Class A market remains hot, there is increased competition between the Class B and Class C product in the market, which should keep most U.S. markets favoring landlords throughout the course of the year.

The U.S. under construction pipeline expanded by 3.7 percent from the previous quarter at 239.1 million square feet. Despite a robust development pipeline, strong pre-leasing activity has helped keep the vacancy levels stable.

The second quarter saw strong growth in net absorption and new deliveries and nearly 6.0 percent annual growth in rents—maintaining the positive momentum seen at the start of the year. The U.S. vacancy remained stable quarter-over-quarter at 4.8 percent and continues to be at an all-time historic low.

Fill out this form to download report


Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your inquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.