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U.S. MarketFlash


Dealmakers: Largest Warehouse Leases in 2017

E-commerce companies accounted for 43% of the total square footage leased in the 50 largest warehouse deals last year. Thirty of these top-50 leases were for warehouses sized 1 million sq. ft. or more, reflecting demand for modern buildings that have become larger and taller in recent years. By square footage, 82% of leasing activity by tenants was for new or relocated warehouse operations. Geographically, these transactions were spread across 20 markets, with the Philadelphia region and Dallas/Ft. Worth having the highest concentration of deals.

Related Research

Q2 2018 U.S. Industrial & Logistics Sector Figures

The U.S. industrial & logistics (I&L) sector continued to demonstrate strong fundamentals in Q2, with 58.8 million sq. ft. absorbed versus 48.9 million sq. ft. delivered. The overall market’s availability rate declined 10 basis points from the previous quarter to 7.2%—the lowest level since Q4 2000. This marked the 33rd consecutive quarter of positive net absorption—the longest streak since before 2001.

Pay Dirt: Industrial Land Prices Rise Sharply

December, 2017


Powering the Real Estate that Powers Business
Powering the Real Estate that Powers Business