Avison Young：2025年第二季度美国工业地产市场报告（英文版）

Vacancy rates have continued to edge upward, reaching their highest level in over a decade as the market works through a surplus of recently delivered space. While new construction has tapered off, the elevated vacancy reflects a transitional phase where supply is being absorbed at a slower pace. Stabilization is expected as demand gradually realigns with available inventory. However, with fewer new projects in the pipeline, a growing gap in new space could constrain options for tenants as le