Newmark：2025年北美工业地产市场展望报告（英文版）

The North American industrial real estate market – a combined 21 billion square feet (BSF)1 supporting more than 500 million consumers – stands at a critical juncture in 2025 as complex geopolitical and economic currents reshape the landscape. Since 2020, businesses have increasingly shifted manufacturing operations away from China, motivated by its rising labor costs, evolving U.S. trade policy, global supply chain vulnerabilities exposed by the COVID-19 pandemic and other geopolitical, labo