Small-Bay Industrial Space Is in High Demand in Louisville

Louisville, Kentucky, is one of the fastest growing industrial markets in the region and is supported by rapid expansion in the logistics sector. Logistics inventory grew 19% over the past five years, compared to 14% for the U.S. national average overall. While large-scale warehouses and distribution facilities continue to be scooped up by logistics tenants, demand for small-bay properties remains strong, and spaces smaller than 50,000 square feet are going off the market in record time.