Industrial and logistics real estate inventory in the U.S. 2023, by market
Greater Los Angeles was the U.S. market with the most industrial and logistics real estate stock in the fourth quarter of 2023, followed by Chicago and Dallas-Fort Worth. The three markets alone concentrated about 4.3 billion square feet of the over 18 billion square feet of industrial and logistics real estate stock of the country. Besides being the largest market, Los Angeles was also the most expensive market for warehouse leasing.