Winter 2020 Top 25 Industrial Markets Report

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The Markets that Move America: An Inside Look at the Top 25 U.S. Industrial & Logistics Markets

The latest report looks closely at the top 25 U.S. industrial markets and the key factors that shaped them through the third quarter of 2020, such as inventory, vacancy, absorption, rents and construction, among others. Inventory by region is heavily weighted in the Midwest, where more than 32% of the total U.S. product is concentrated, with the South coming in at a distant second with more than 28% of all industrial inventory. None of the markets tracked in this report had vacancy that exceeded 10%. Additionally, the top five markets for product under construction each delivered more than 14 million square feet year-to-date. Read the full report to learn more about key metrics across markets and predictions for 2021 and beyond.


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Winter 2020 Top 25 Industrial Markets Report

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Related Experts

Pete Quinn

National Director, Industrial Services

Indianapolis

As National Director of Colliers Industrial Services-USA, Pete Quinn’s role is to strengthen Colliers platform and to collaborate with other key service lines ― Corporate Solutions, Investment Services, Occupier Services Groups, Logistics and Transportation Group ― to deliver a deep bench of logistics and site selection strategies to industrial user-groups and participants in the logistics, transportation and distribution industries.

Pete’s stand-out strengths are his commitment to understand corporations’ broader goals and challenges and then assembling a team of high-octane professionals to drive smart solutions to achieve those goals. During his 30 years in the industry, he has provided consulting and transactional representation for numerous Fortune 500 companies. 

Prior to Colliers, Pete Quinn was a co-founder of Summit Realty Group, an affiliate of Cushman & Wakefield. He then transitioned to join C&W’s Industrial leadership team as Executive Managing Director, Global Supply Chain Solutions and Industrial Operations. He served on its Global Supply Chain Solutions Group and was appointed to its Industrial Executive Board. Early in his career, he was on the developer side, serving as Vice President at Eaton & Lauth Commercial (now Lauth Group).

Notable industry acknowledgements: Recipient of IAMC Michael P. Hickey Award, Largest Deal in the U.S. – SIOR, Largest Deal of the Year – First Industrial, and Hall of Fame inductee of Midwest Real Estate News. 

Pete is actively involved in his alma mater, Purdue University, where he was a starting offensive lineman for its football team from 1978-1981 and team captain in 1979 and 1980. He was voted to Purdue’s 100-Year All Time Football team and is in his 26th season as Football Color Analyst on the Purdue Sports Radio Network.

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Amanda Ortiz

Director, National Industrial Research

Chicago - Rosemont

Amanda Ortiz is the Director, National Industrial Research on the National Marketing & Research team at Colliers. Based in Chicago, Amanda partners with national and local teams to deliver market intelligence initiatives and provide direction to drive national competitive advantage through research strategy, development and analytics.

Amanda possesses comprehensive experience in both database management and trend analysis. Her knowledge of the macro and micro factors affecting the commercial real estate market results in proactively positioned research.

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