Small-Bay vs. Big-Box Industrial: What the Narrowing Vacancy Gap Means for Tenants and Operators in 2026
Big-box industrial vacancy has fallen 300 basis points from its late-2024 peak to 8.1%, while shallow-bay vacancy sits at 4.8%. The gap is narrowing, and small-bay space is still the tightest segment for tenants.
Miami Industrial & Warehouse Market Report | Q2 2026
Miami-Dade industrial vacancy held at 6.3% in Q2 2026 as net absorption turned positive at 409,469 SF. Asking rents were flat on the quarter at $15.73/SF/yr but down 5.3% year over year (Cushman & Wakefield).
Philadelphia Industrial & Warehouse Market Report | Q2 2026
Philadelphia metro industrial vacancy fell to 10.3% in Q2 2026 after a third straight quarter of positive absorption, while asking rents held at $12.81/SF/yr (Cushman & Wakefield). Includes a separate section on the PA I-78/I-81 corridor.
Portland Industrial & Warehouse Market Report | Q2 2026
Portland industrial vacancy rose to 6.5% in Q2 2026 as net absorption turned negative (−188,274 SF) and asking rents eased to about $0.91/SF/mo NNN, with 3.4M SF under construction (Cushman & Wakefield).
Minneapolis Industrial & Warehouse Market Report | Q2 2026
Twin Cities industrial vacancy held at 4.9% in Q2 2026 as net absorption rebounded to 571,806 SF and the construction pipeline grew to 6.4M SF (Cushman & Wakefield).
San Diego Industrial & Warehouse Market Report | Q2 2026
San Diego industrial vacancy held at 7.2% in Q2 2026 as leasing rose to 1.8M SF, while average asking rents eased 4.8% year over year to $1.44/SF/mo NNN (Cushman & Wakefield).