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As US logistics leasing eases toward pre-pandemic norms, differences emerge

Small industrial tenants remain active, while larger logistics leases show signs of stabilizing
Reflecting the recent rebound in large logistics deals, Sanmina, a maker of tools and subassemblies for the oil and gas industry, leased more than 500,000 square feet at the newly completed Constellation Eldridge warehouse at 6411 North Eldridge Parkway in Houston. (CoStar)
Reflecting the recent rebound in large logistics deals, Sanmina, a maker of tools and subassemblies for the oil and gas industry, leased more than 500,000 square feet at the newly completed Constellation Eldridge warehouse at 6411 North Eldridge Parkway in Houston. (CoStar)
CoStar Analytics
April 20, 2026 | 1:42 AM

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Leasing activity for U.S. logistics properties eased back toward pre-pandemic norms after the historic surge during the pandemic-era supply chain boom, though demand continues to vary sharply by building size.

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