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New York, DC, San Francisco, Minneapolis and Chicago will see the greatest change in demand.
More than 15 million people live within a half-mile of a warehouse.
Hints of softening in the life science sector is emerging but so far Philadelphia seems fine.
The vacancy rate isn't rising as fast and absorption is expected to turn positive next quarter.
Many young adults are beginning to think they'll become "forever renters."
It had the lowest increase since March 2021, performing worse than the typical April.
Costs continue to spur buyers to weigh new locations out of town.
Based on historic trends, deals will gradually return.
The top 13 markets had a combined 44,000 square feet of negative net absorption.
Renters are scaling back over economic concerns.