While major industrial and logistics markets capture most of the headlines, industrial occupiers and investors know that dozens of secondary markets are essential to supply chains in the U.S. Of the 81 industrial markets Cushman & Wakefield tracks, the firm selected five emerging industrial real estate markets plus two honorable mentions outside of primary markets — these markets to watch are based on key metrics from 2019 through 2021, including net absorption, new tenant demand, vacancy, rent growth, construction pipeline, and deliveries.
Phoenix, Nashville, Columbus, Salt Lake City and Savannah rank as the top five emerging industrial real estate markets in the country. These cities rank in the top 15 in three or more of the major real estate key performance indicators (KPIs).
Denver and Boise were also selected as the two honorable mention markets due to their recent growth and performance.
Click here to read Cushman & Wakefield’s extensive insights and data points for each of these thriving Industrial markets
