Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ:CIGI, TSX:CIG) today released the 2015 Q4 U.S. Industrial Market Outlook.

The U.S. industrial market remains at a post-recession high, recording the lowest levels of vacancy coupled with record construction activity. This is leading to upward pressure on asking rental rates, which have increased 1.5% from the previous quarter.

Key Takeaways:

  • The U.S. industrial market continued to break records, posting a vacancy rate decline of 10 basis points to end 2015 at 6.4%.
  • Occupier demand for modern industrial space continues to grow. 
  • Currently, supply is struggling to keep up with demand. 
  • Tightening market conditions are putting upward pressure on rates.  
  • Gains are not shared evenly. 
  • The results of Colliers’ U.S. Q4 survey remained optimistic.
  • These gains in occupancy rates, rent growth and construction are leading to aggressive underwriting for quality industrial assets in prime real estate markets.