Wednesday, June 10, 2026
Family Office Briefing on research bySavills·Feb 14, 2024

State Of The U.S. Industrial Market - Q4 2023

U.S. industrial market sees rising vacancy rates amid record supply in Q4 2023 — family offices should consider co-GP opportunities with disciplined operators.

IndustrialQ4 2023

Key Metrics

MetricValue
Vacancy Rate6.0%
Inventory16.3BSF
Quarterly Net Absorption50.2MSF
Under Construction511.9MSF
Deliveries181.4MSF
Asking Rental Rate9.41$/SF

Metrics extracted from the source report and independently fact-checked. Method →

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