Skip to Content

Q4 2021 U.S. Industrial Real Estate Market Summary

In Q4 2021, the industrial sector sustained its impressive pandemic-era performance, fueled predominantly by high levels of consumer spending. Download our market summary report for expert insight and perspective.
Sky view of an industrial building under construction

The United States industrial market is sustaining its impressive performance, primarily fueled by the boom in household spending on consumer goods. For another consecutive quarter, vacancy is at a record low and rent growth is at a record high. Major markets across the country are struggling to accommodate record jumps in demand, causing more leasing activity in smaller markets with more open land for development.

National industrial real estate trends

  • Leasing activity is up 70% from the Q4 average observed pre-pandemic
  • Rent growth increased at a rate of 8% in Q4 2021 as the market witnessed increased demand with limited supply
  • In attempt to keep up with demand, developers across the country have been breaking ground on industrial construction projects at a record pace
  • Real estate investors unappeased with the uncertainty of office and retail markets are turning to industrial properties
  • Leasing activity has picked up in suburban markets as major markets struggle to meet tenant demand for industrial space

Download the in-depth market report to learn more

If you’d like to learn more about the nation’s industrial real estate outlook, download the full report below. This report will give you full insight to the topics mentioned above along with a variety of other statistics to help you stay ahead of market trends.

Information contained in this report is provided, in part, from third-party sources, including Cresa, the U.S. Bureau of Labor Statistics, the Bureau of Economic Analysis, Real Capital Analytics, and CoStar Group. Even though obtained from sources deemed reliable, no warranty or representation, expressed or implied, is made as to the accuracy of the information herein.

Related Thinking

Mortgage bankers discussing fixed costs in a downturn while looking at a tablet device.
March 16, 2023

“Fixing” fixed costs in a downturn: Six considerations for mortgage bankers

Article 5 min read
Group of people eating lunch at restaurant.
Mar. 7-28, 2023

2023 Nonprofit Summit

Webinar Upcoming
Eastern Michigan University Campus as seen from the sky
March 3, 2023

Power plant renovation saves university millions in energy costs

Case Study 1 min read