It’s been a great few years for warehouse owners following the pandemic in 2020.

Vacancy rates, already low by historical standards at 4-5%, dropped to below 3% on average in parts of 2022, representing record lows.

However, as seen in the graphic below, since mid-2023 vacancy rates have been on the rise, reaching almost 7% in Q4:

Source: Wall Street Journal

The big question: will that trend lead to lower rates, which have remained high?

Feedback on our Supply Chain Graphic of the Week? What do you think of this contributor list? Let us know your thoughts at the Feedback section below.

Your Comments/Feedbackh