Those looking for industrial space this past year chose to supersize and
upgrade, according to new Cushman & Wakefield research.
The number of companies gobbling up 500K SF or more of industrial and logistics space in the U.S. surged 32% year-over-year in 2025, according to Cushman & Wakefield’s new report. That’s a departure from leasing activity in 2023 and 2024, when tenants made do with smaller spaces.
“This is a clear return of the large-format tenant,” Jason Price, head of logistics and industrial research in the Americas for Cushman & Wakefield, said in the report.
Tenants also showed a clear preference in 2025 for the newest and best warehouses, with 113M SF — or 64% of leasing activity — inked for newer large-format logistical facilities. The firm said tenants are consolidating from smaller, outdated warehouses into facilities with higher ceiling heights, more power capacity and infrastructure that supports automation and robotics...
“This is a clear return of the large-format tenant,” Jason Price, head of logistics and industrial research in the Americas for Cushman & Wakefield, said in the report.
Tenants also showed a clear preference in 2025 for the newest and best warehouses, with 113M SF — or 64% of leasing activity — inked for newer large-format logistical facilities. The firm said tenants are consolidating from smaller, outdated warehouses into facilities with higher ceiling heights, more power capacity and infrastructure that supports automation and robotics...
RSK: If you're going to go industrial/warehouse, you better go big.
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- - Volume: 26 - WEEK: 14 Date: 3/31/2026 10:13:18 PM -