Industrial Real Estate 2024: Shifting Demand, Rising Vacancies, and Regional Hotspots

In 2024, the industrial real estate market is navigating a period of adjustment marked by increased vacancy rates, cooling rent growth, and shifting tenant priorities. National vacancy has reached 6.4%, reflecting a broader rise in available space as new construction meets moderated demand. With annual rent growth slowing to 3.9%, tenants in key industrial hubs…

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