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Logistics Leasing Sets Record in Q4

The US industrial market posted its strongest quarter ever with 89.8 million square feet of net absorption.

By Les Shaver | January 19, 2021 at 11:13 AM

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In the fourth quarter, the US industrial market posted its strongest quarter ever with 89.8 million square feet of net absorption, according to Cushman & Wakefield.

In 2020, the sector absorbed 268.4 million square feet, which was 11.4% more than the 240.9 MSF reported at year-end 2019. Warehouse/distribution space carried the US industrial market in 2020 by absorbing 267.4 million square feet.

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