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US industrial forecast sees more vacancy in 2026 with weakness in tenant demand

Freight recession, decline in import activity weighs on property performance
CoStar Analytics
October 28, 2025 | 8:53 P.M.

The national outlook for industrial real estate in 2026 anticipates the vacancy rate continuing to rise and a fourth consecutive year of moderating demand as the economy weakens and real retail spending growth slows.

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News | US industrial forecast sees more vacancy in 2026 with weakness in tenant demand