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U.S. Big-Box Market Report | Midyear 2022

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A variety of factors across North America have impacted demand for big-box industrial facilities. The surge of online shopping throughout the global COVID-19 pandemic increased demand for bulk industrial facilities, while economic uncertainty hindered consumer spending to some degree. Core markets including the Inland Empire, Dallas-Fort Worth, Atlanta, Chicago, Northern- Central New Jersey, Southern New Jersey-Eastern Pennsylvania and Toronto continue to be the destinations of choice for many occupiers, while emerging secondary markets that are near the fastest-growing population centers — and in close proximity to the most utilized logistics hubs in the region — continue to grow.

In this unique interactive report, we examine the North American big-box industrial market through the first half of 2022, which includes the seven core North American big-box markets and nine emerging secondary markets. We will highlight the fundamentals and look at demand factors, including demographics and logistics capabilities, and assess what lies ahead in the quarters ahead.

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U.S. Big-Box Market Report | Midyear 2022

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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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Stephanie Rodriguez

National Director, Industrial Services | US

Miami

As National Director, Industrial Services for the U.S., Stephanie focuses on overall growth of Colliers’ industrial business, including the establishment of new client relationships and expansion of existing affiliations. She promotes talent recruitment and retention to support Colliers’ best-in-class Industrial Services team as they accelerate client success.

Drawing on her 25 years of commercial real estate experience, Stephanie leads Colliers’ industrial platform, especially in providing thought leadership, research and marketing. She brings extensive experience in acquisitions, lease transactions and negotiations, asset management, and development projects.

Before joining Colliers, Stephanie spent nearly 15 years at Duke Realty Corporation where she rose to the level of Regional Senior Vice President, overseeing leasing for a multi-market, multi-million-square-foot portfolio in Central and South Florida in addition to leading property management, development and marketing of the firm’s industrial portfolio in the region. Prior to her time at Duke, she held progressively more senior roles at Trammell Crow Company and CBRE. 

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Jack Rosenberg

Executive Vice President

Chicago - Rosemont

I am a principal of Colliers International specializing in site acquisition, leasing, sales and build-to-suits for industrial users and developers. As the national director of the Colliers Logistics and Transportation Solutions Group Steering Committee (L&T), we deliver focused solutions to the increased challenges of today’s global shipping and transportation community. 

In the last five years, I have completed transactions totaling in excess of $300 million for clients like Best Buy, Bridgestone, Lawson Products, and Arvato Digital Services.

Other accomplishments include:

  • Top 10% producer for all brokers in the Colliers Americas region
  • Named Chicago Industrial Broker of the Year, 1999
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