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North American Industrial Real Estate - Statistics & Facts

In the wake of the coronavirus (COVID-19) pandemic in 2020 commercial real estate saw delinquency rates soar, while investment and leasing activity fell. In this unprecedented period, industrial real estate market fundamentals remained stable, proving industrial to be one of the most resilient real estate asset classes. Industrial property is a type of commercial real estate that ranges from small lightly zoned buildings—commonly referred to as "flex" properties—to larger office/warehouse properties, to the enormously large "big box" industrial properties; typically retail establishments such as megastores and supercenters.

With the coronavirus crisis accelerating the growth of eCommerce, there is a strong demand for big-box industrial properties, which are usually used as distribution centers. In North America as a whole, there rouphly 5,700 big-box distribution centers in the first half of 2020 with a vacancy rate of around 8.4 percent, and existing space amounting to about 2.6 trillion square feet. The annual taking rent per square foot of big-box distribution space in North America stood at approximately 5.3 U.S. dollars in 2020.

Absorption rate is the net change in occupied space over a given period of time and is an easy way to measure leasing activity. Inland Empire, California, and Dallas-Fortworth, Texas, are two of the leading industrial real estate leasing markets in the U.S. with net absorption rate of over 24 million square feet as of 2019. Looking at the proportion of net absorption to the existing inventory, Savannah, GA, Charleston, SC, and Central Valley, CA, were among the fastest growing markets in 2020.

The Greater Toronto Area is home to the third largest big-box market in North America. The number of big-box buildings in Toronto reached 629 in the first half of 2020.

Key figures

The most important key figures provide you with a compact summary of the topic of "Industrial real estate in North America" and take you straight to the corresponding statistics.

North America

Inland Empire, California

Eastern Pennsylvania/Southern New Jersey

Toronto

Interesting statistics

In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Industrial real estate in North America".

Big-box real estate in North America

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North American Industrial Real Estate - Statistics & Facts

In the wake of the coronavirus (COVID-19) pandemic in 2020 commercial real estate saw delinquency rates soar, while investment and leasing activity fell. In this unprecedented period, industrial real estate market fundamentals remained stable, proving industrial to be one of the most resilient real estate asset classes. Industrial property is a type of commercial real estate that ranges from small lightly zoned buildings—commonly referred to as "flex" properties—to larger office/warehouse properties, to the enormously large "big box" industrial properties; typically retail establishments such as megastores and supercenters.

With the coronavirus crisis accelerating the growth of eCommerce, there is a strong demand for big-box industrial properties, which are usually used as distribution centers. In North America as a whole, there rouphly 5,700 big-box distribution centers in the first half of 2020 with a vacancy rate of around 8.4 percent, and existing space amounting to about 2.6 trillion square feet. The annual taking rent per square foot of big-box distribution space in North America stood at approximately 5.3 U.S. dollars in 2020.

Absorption rate is the net change in occupied space over a given period of time and is an easy way to measure leasing activity. Inland Empire, California, and Dallas-Fortworth, Texas, are two of the leading industrial real estate leasing markets in the U.S. with net absorption rate of over 24 million square feet as of 2019. Looking at the proportion of net absorption to the existing inventory, Savannah, GA, Charleston, SC, and Central Valley, CA, were among the fastest growing markets in 2020.

The Greater Toronto Area is home to the third largest big-box market in North America. The number of big-box buildings in Toronto reached 629 in the first half of 2020.

Interesting statistics

In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Industrial real estate in North America".

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