
Industrial Space Demand Forecast: Signs of Stabilization After a Challenging 2025
- September 8, 2025
The U.S. industrial real estate market is undergoing a period of significant adjustment, according to the newly released NAIOP Industrial Space Demand Forecast, Third Quarter 2025. After years of strong growth, demand slowed markedly in the first half of this year, with absorption turning negative in the second quarter for the first time since 2010. While near-term challenges remain, the report’s authors project a recovery beginning in 2026 as market conditions stabilize.