
Industrial vacancy rate holds at 6.6% in Q3 amid drop in construction starts and strong 3PL leasing activity, CBRE says
October 28, 2025
A key thesis in the report was focused on how the pairing of strong leasing and a decline in new construction held the overall quarterly vacancy rate at 6.6%, which the firm said reversed a stretch of quarterly losses that had been intact going back to the second quarter of 2022.