Cushman & Wakefield: US industrial vacancy falls to 6.9% in Q2 as demand strengthens - CWK News | RalliesCushman & Wakefield: US industrial vacancy falls to 6.9% in Q2 as demand strengthens
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CWK• US industrial market tightens in Q2 2026
- Cushman & Wakefield flagged a tightening U.S. industrial market in Q2 2026, with vacancy down to 6.9% as demand held firm.
- Net absorption reached 62.1 million square feet in the quarter; first-half absorption totaled 113.6 million square feet, the strongest since 2023.
- New deliveries totaled 62 million square feet; first-half supply hit 119 million square feet, nearly 20% below the year-earlier period.
- New leasing volume rose to 193 million square feet, the highest quarterly level since mid-2022; year-to-date leasing increased 16%.
- Industrial space under construction climbed to about 305 million square feet, up 18% year over year, still well below the prior peak.
