Overall, CBRE pegs the overall development pipeline as containing 474 MW of capacity in the primary U.S. markets, nearly 55 percent of which is preleased.
Based on data from Transwestern's latest national industrial report, the top 25 industrial markets experienced nearly 200 million sq. ft. of net absorption in the past 12 months.
Five of the top 10 markets for commercial and multifamily construction starts in the first half of 2018 showed increased activity compared to the same period in 2017, according to Dodge, Data & Analytics.