February 2025
Lukas Huberman of BLT on property features that make “good bones better.”
Last year marked a shift in the industrial market—steady growth teetered toward oversupply, which was curbed slightly by the higher interest rates that led to a drop in construction starts. In spite of that decrease in new supply, total industrial space grew by 2.8 percent in 2024, leasing activity slowed and the nationwide industrial vacancy rose by 20 basis points, according to Yardi Matrix data.
