Fastest growing industrial property rental markets United States 2023
In the third quarter of 2023, Savannah, Georgia, was the only market that registered positive investment growth among the 30 industrial real estate markets in the United States. In the four-quarter period, investments in industrial and logistics real estate in Savannah grew by seven percent, while in Atlanta, Seattle, and Austin, they fell by over 40 percent. According to the source, the reasons for the slower investment activity included high interest rates, tight lending conditions, and the economic uncertainty.