1、A glimpse into the dynamics and future drivers of industrial tenant demandUnited StatesFall 20242024-2025 IndustrialTenant Demand StudyR JONES LANG LASALLE IP,INC.2024IntroductionThe 12th annual U.S.Industrial Tenant Demand Study offers unprecedented insights into the Industrial real estate market.D

2、rawing on JLLs extensive local market intelligence across over 60 U.S.markets,this report provides a comprehensive outlook with data on tenant behavior,including location preferences,industry-specific activity drivers and the impact of external economic factors on demand.While not all tenants in the

3、 market will translate to net new space absorption due to renewals or search cancellations amid current macroeconomic conditions,this study offers the most thorough preview of potential future leasing decisions that couldnt otherwise be modeled out in an econometricfashion.Although it represents a s

4、pecific moment in time,the report has consistently provided valuable directional insights.This in-depth analysis presents a compelling narrative on the state of U.S.Industrial real estate demand,offering a fresh perspective on projected Industrial tenancy trends.Craig S.Meyer,SIOR President,Americas

5、 IndustrialChairman,Global Industrial Board2024-2025 Industrial Tenant Demand Study2 JONES LANG LASALLE IP,INC.2024Executive summary2024-2025 Industrial Tenant Demand Study3The industrial real estate market is currently undergoing a period of adjustment,characterized by a slight downturn in overall

6、demand.Requirements have decreased by 1.8%year-over-year as companies adopt a more cautious approach,focusing on lean cost savings and carefully evaluating their options.This shift is driven by a thorough scrutiny of various factors,including inventory carrying costs,interest rates and supply chain