Why 7 Out Of 10 Industrial Lease Searches Are Coming Up Empty

Industrial tenants are keeping commercial real estate brokers busy with property tours and lease negotiations. But in today’s market, only 30% of potential deals even have the possibility of turning into a signed lease, according to a JLL report.

An uncertain macroeconomic picture — and an incoming U.S. president who has promised to upend global trade policy — is partially to blame for the lackluster conversion rate. But industrial users are also shifting their logistics strategies, often opting to outsource rather than execute a lease...

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RSK: Many industrial and warehouse users are letting third-party companies do their storage and distribution, making leases a bit of a problem.