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Q2 2020 Industrial Market Outlook

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Industrial Sector Shows Continued Momentum through Midyear

Our latest report takes an in-depth look at the current state of the U.S. industrial market and explores what the rest of 2020 may bring. New industrial supply delivered during the first half of the year is up 33.5% from the same period last year, and while vacancy is trending upwards, the industrial market remains relatively tight with persistent demand in core markets. Construction delivery has also remained robust, with development activity nearly equaling product under construction at midyear 2019.

While the overall outlook for the industrial sector remains positive, the ongoing pandemic will cause lasting changes to the economic status in the U.S. that could affect activity in the second half of the year. Nevertheless, the future of e-commerce should have the industrial real estate market on solid footing through year-end with sustained demand for big-box buildings and final-mile distribution centers.

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Q2 2020 Industrial Market Outlook

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Related Experts

Amanda Ortiz

Director, National Industrial Research

Chicago - Rosemont

Amanda Ortiz is the Director, National Industrial Research on the National Marketing & Research team at Colliers. Based in Chicago, Amanda partners with national and local teams to deliver market intelligence initiatives and provide direction to drive national competitive advantage through research strategy, development and analytics.

Amanda possesses comprehensive experience in both database management and trend analysis. Her knowledge of the macro and micro factors affecting the commercial real estate market results in proactively positioned research.

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