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A tale of two Yorkshires – diverging trends in West and South Yorkshire’s industrial markets

Development activity, leasing volume and vacancy show contrasting movement across the two markets
CoStar Analytics
April 24, 2026 | 10:14 AM

CoStar’s Leeds and Sheffield industrial markets, covering West and South Yorkshire respectively, sit side by side but recent industrial performance tells two different stories. Both benefit from strong motorway connectivity, established manufacturing bases and a deep pool of logistics occupiers. However, differences in the composition of occupier demand and timing of development have produced contrasting short‑term dynamics.

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