The Q2 report on the U.S. industrial real estate market shows stable net absorption, driven by the resilience of the logistics sector which boosts demand for new warehouses. Despite challenges, companies are optimizing supply chain management through modernized facilities. Looking ahead, the stable market outlook presents opportunities for businesses.
In the second quarter of 2023, the U.S. industrial real estate market demonstrated stable resilience with a net absorption of approximately 29.9 million square feet. The demand growth was driven by new logistics products, despite rising vacancy rates and consolidation pressures in some regions. By 2025, new supply is expected to exceed absorption, while absorption is projected to surpass supply by 2027.
The Cushman & Wakefield report indicates that in the second quarter of 2023, the U.S. industrial real estate market remained stable, driven by logistics resilience. There was strong demand for new warehousing facilities; however, the western regions faced negative absorption pressures. It is expected that in the coming years, new supply will continue to exceed absorption until 2027, when the market is forecasted to reverse.
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Tab Airport is a small airport located in southern Côte d'Ivoire. Despite the lack of real-time weather data, its unique geographical position makes it a crucial hub for air routes. Users can access weather information and flight notifications through premium accounts to ensure safe travel.
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General O'Higgins International Airport, located in Chillan, Chile, is a medium-sized aerospace hub featuring a 1,750-meter runway primarily serving regional flights. The airport provides real-time weather observations and NOTAM services, facilitating travel for both tourists and business travelers. It serves as a vital bridge for local economic development and cultural exchange.
Karema Airport (KMA), located in Papua New Guinea, is a key air transport hub that serves domestic flights. Its proximity to the city center and convenient access make it an ideal starting point for travelers exploring the region.
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