Help us direct you to the right place to sign up
CompStak Industrial Market Overview Report
Download the Industrial Market Overview Report
Looking to stay ahead in the ever-evolving industrial market? CompStak’s Biannual Industrial Market Overview Report provides essential insights and trends shaping the industry.
Download the report to explore:
- Employment Trends: Transportation and warehousing employment is up 13.5% since December 2019 but down 1.7% from its post-COVID peak.
- Port Activity Surge: TEU volume at major ports is rising, with Long Beach and Los Angeles up 22.9% from Q1 2023, and New York and New Jersey up 11.7%.
- Retail and E-commerce Growth: Retail sales grew 3.6% year-over-year in March 2024, with e-commerce reaching its highest share since Q2 2020.
- Industrial Rent Trends: Rent growth is slowing, with a 14.6% decline in Los Angeles-Orange County-Inland Empire from its peak in early 2023.
- Lease Term Changes: Average lease terms for bulk transactions declined by 12.9%, with free rent periods rising from 1.7% to 3.5%.
- Amazon’s Leasing Activity: Amazon signed two of the top five deals in Los Angeles-Orange County-Inland Empire, with quarterly leasing volume surpassing early 2022 levels.
- Market Spotlight: Los Angeles-Orange County-Inland Empire saw a 157% increase in rental rates for the ten largest renewals from Q2 2023 to Q1 2024.
- Rent Declines: Effective rents have declined the most in major markets, with a 7.0% year-over-year drop for bulk transactions and 13.3% for smaller deals.
Fill out the form to access the report.