1、NORTH AMERICAN INDUSTRIAL2025 Big-Box Outlook2025 Big-Box Outlook|IndustrialNorth American Overview.4Atlanta.6Charlotte.8Chicago.10Cincinnati.12Columbus.14Dallas-Fort Worth.16Eastern PA Tri-State .18Houston.20Greenville-Spartanburg.22Indianapolis.24Inland Empire.26Kansas City.28Memphis.30Nashville.3
2、2Northern California.34Northern-Central New Jersey .36Phoenix.38Seattle-Puget Sound.40Tampa/I-4 Corridor.42Toronto.44Colliers|Industrial|Big-Box Outlook|Year-End 2024Craig HurvitzNational Director,Industrial Research|U.S.Stephanie RodriguezNational Director,Industrial Services|U.S.Introduction|3 Int
3、roductionBig-box industrial product modern buildings 200,000 SF and larger with ceiling heights of at least 28-feet clear has led the way for the overall industrial market over the past several years.These buildings attracted the majority of the record demand in response to the pandemic and are larg
4、ely what developers have been building during the ongoing cycle.While core markets the Inland Empire,Dallas-Fort Worth,Atlanta,Chicago,Northern-Central New Jersey,and Eastern Pennsylvania Tri-State remain favorites by occupiers,many secondary markets are also emerging,typically close to the fastest-
5、growing population centers and the most-used logistics hubs in their regions.In this report,we explore 20 big-box industrial markets in the United States and Canada through the end of 2024,highlighting the market fundamentals,examining demand factors,and assessing what lies ahead in 2025 and beyond.
6、Unless otherwise specified,all report data is through year-end 2024.Colliers|Industrial|Big-Box Outlook|Year-End 2024OverviewNorth American|Big-Box IndustrialVacancy Rate by Building SizeNet Absorption by Building SizeBig-Box Vacancy and YOY Change by MarketNew Leasing Volume11.2%11.7%10.2%6.8%0%2%4
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