U.S. Industrial Market Finds Its Footing After Years of Adjustment

After nearly three years of constant recalibration, the U.S. industrial market may finally be settling into a more predictable phase. According to Savills’ preliminary Q4 2025 national industrial report, vacancy held steady at 8.2 percent between the third and fourth quarters, marking the first time in 13 quarters that vacancy did not move higher . That pause, modest as it may seem, represents a meaningful inflection after a prolonged period defined by supply overshoot, tenant caution, and a slow digestion of pandemic-era expansion...   ...more

RSK: After years of over building spec space, Industrial has settled down to build to suit, bringing vacancy rates down. The economy has picked up as well, putting more demand on space.