Newmark launches industrial outdoor storage practice across North America
NMRK•Newmark launched an industrial outdoor storage practice across North America on Oct. 19, bringing together U.S. and Canadian specialists for leasing, capital markets and occupier services. Rents in the sector rose 123% from 2020 to 2025, while vacancy was 5.8% at midyear 2026.
1. Practice launch
Newmark launched a dedicated industrial outdoor storage practice across North America on Oct. 19, 2026. The practice brings together U.S. and Canadian specialists to provide leasing, capital markets and occupier services. Industrial outdoor storage rents rose 123% between 2020 and 2025, more than double bulk warehouse rent growth; sector vacancy was 5.8% at midyear 2026, compared with 7.4% for the overall industrial market.
