With industrial warehouse space in major markets nearly filled to capacity, emerging markets are experiencing a bonanza of industrial sector growth, according to a report released by Colliers.
Half of the US markets tracked by Colliers reported occupancy gains of more than 5 million SF in 2021, while 60 markets posted occupancy gains of more than 1 million SF.
The top industrial markets in 2021, measured in net absorption—Chicago, Dallas-Fort Worth, Atlanta, Inland Empire and Houston, respectively—accounted for nearly 33 percent of all net absorption in the country.
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