2018 National Industrial Absorption

Year-over-year industrial market conditions compared nationally and by region, updated quarterly.

U.S. industrial market conditions

Source: CoStar Group Inc.

—Posted on April 18, 2018


U.S. industrial market conditions

Source: CoStar Group Inc.

Net absorptions decreased in every region for industrial markets in the third quarter of 2017, compared to the same interval in 2016. The most relevant change came from the South, down by 21.3 percent, closely followed by the Northeast with a 20.5 percent decrease. Industrial net absorptions fell by 18.1 percent on a national level. Vacancy rates decreased for industrial markets in every region year-over-year, with the Northeast recording the most notable decline from 5.1 percent to 4.7 percent in the third quarter of 2017.

Forecasts for the third quarter of 2018 show that industrial net absorptions will increase in most regions. The most considerable growth is anticipated to come from the West (up by 22.0 percent), followed by the South (up by 11.4 percent). The only decrease is projected to take place in the Midwest, where industrial net absorptions will drop by 6.0 percent.

—Posted on Jan. 30, 2018