US 3Q Industrial Market Update

On today’s show we are talking about a recently published market report on industrial from Cushman and Wakefield

The U.S. industrial market continued to demonstrate strength and balance in the third quarter of 2025, showing clear signs of stabilization after two years of turbulence. Despite macroeconomic headwinds—from moderating consumer demand to policy uncertainty and tariffs—industrial real estate remains the most fundamentally sound asset class across commercial property types.

According to Cushman & Wakefield’s Q3 2025 U.S. Industrial MarketBeat, national industrial net absorption reached 45.1 million square feet (msf) in the third quarter, a 30% increase quarter-over-quarter and 33% higher year-over-year. This marks the strongest quarterly demand reading in more than a year and confirms two consecutive quarters of positive momentum.

Year-to-date, absorption stood at 108 msf, roughly in line with the same period in 2024, signaling a healthy, steady-state market rather than one experiencing contraction or overheating.

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