Demand slumps for portside warehouse space, Cushman & Wakefield says
Despite strong U.S. container import volumes, warehouse vacancy rates near seaports rose 20 basis points to 7.7% through July, up from year-end 2025 and above the national rate of 6.8%, according to Cushman &…
Despite strong U.S. container import volumes, warehouse vacancy rates near seaports rose 20 basis points to 7.7% through July, up from year-end 2025 and above the national rate of 6.8%, according to Cushman & Wakefield.The reasons for the empty warehouse space include shifting distribution networks and an oversupply of new warehouse supply, the commercial real estate firm said in a report titled “From Port to Property: Resilient Import Volumes Amid…
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