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Hot warehouse demand continues to outpace supply

Availability rate for DCs and industrial real estate falls to lowest point since 2000 as industry eyes potential impact of tariffs, CBRE report says.

The demand for warehouses and DCs continues to outpace supply in the U.S. industrial real estate market, thanks to the steady growth of e-commerce, according to a report released today by CBRE Group Inc., the Los Angeles-based real estate and logistics services giant.

The availability rate for U.S. industrial real estate declined by 10 basis points in the second quarter, marking the measure's 32nd consecutive quarterly decline, CBRE said. In raw numbers, the availability of U.S. industrial real estate dipped to 7.2 percent in the second quarter, its lowest point since 2000.


Despite that persistent demand for warehouse space, the trend could be tempered by the impact of the Trump Administration's new tariffs on goods from China, CBRE said. "The industrial sector in the U.S. remains remarkably balanced," Tim Savage, CBRE's senior managing economist and principal data scientist, said in a statement. "As e-commerce changes the landscape, demand for industrial property remains strong. However, we remain focused on the developments in trade policy, which could impact the industry."

While the national availability rate posted a slight decline, that total included a variety of reports from different U.S. geographical areas, with some dropping steeply and others recording gains, the report found.

In the second quarter, 39 U.S. markets posted declines in industrial availability from the first quarter, 21 reported increases, and four remained unchanged, CBRE said. Markets with the largest declines in industrial availability in the second quarter included New Haven, Conn. (down 430 bps), Tucson, Ariz. (down 310 bps), Sacramento, Calif. (down 260 bps), and Jacksonville, Fla. (down 220 bps). Meanwhile, markets that reported gains in availability included Pittsburgh (up 150 bps), Louisville, Ky. (up 140 bps), and Allentown, Pa. (up 130 bps).

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Logistics gives back: February 2025

Here's our monthly roundup of some of the charitable works and donations by companies in the material handling and logistics space.

  • For the sixth consecutive year, dedicated contract carriage and freight management services provider Transervice Logistics Inc. collected books, CDs, DVDs, and magazines for Book Fairies, a nonprofit book donation organization in the New York Tri-State area. Transervice employees broke their own in-house record last year by donating 13 boxes of print and video assets to children in under-resourced communities on Long Island and the five boroughs of New York City.
  • Logistics real estate investment and development firm Dermody Properties has recognized eight community organizations in markets where it operates with its 2024 Annual Thanksgiving Capstone awards. The organizations, which included food banks and disaster relief agencies, received a combined $85,000 in awards ranging from $5,000 to $25,000.
  • Prime Inc. truck driver Dee Sova has donated $5,000 to Harmony House, an organization that provides shelter and support services to domestic violence survivors in Springfield, Missouri. The donation follows Sova's selection as the 2024 recipient of the Trucking Cares Foundation's John Lex Premier Achievement Award, which was accompanied by a $5,000 check to be given in her name to a charity of her choice.
  • Employees of dedicated contract carrier Lily Transportation donated dog food and supplies to a local animal shelter at a holiday event held at the company's Fort Worth, Texas, location. The event, which benefited City of Saginaw (Texas) Animal Services, was coordinated by "Lily Paws," a dedicated committee within Lily Transportation that focuses on improving the lives of shelter dogs nationwide.
  • Freight transportation conglomerate Averitt has continued its support of military service members by participating in the "10,000 for the Troops" card collection program organized by radio station New Country 96.3 KSCS in Dallas/Fort Worth. In 2024, Averitt associates collected and shipped more than 18,000 holiday cards to troops overseas. Contributions included cards from 17 different Averitt facilities, primarily in Texas, along with 4,000 cards from the company's corporate office in Cookeville, Tennessee.

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