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Market Report

2026 U.S. Industrial Investment Outlook Midyear

2026 Outlook

Elevated Topline Vacancy Distracts From Key
Areas of Strength Amid Easing New Supply Pressure

Many factors are shaping an outlook that varies not only by a property’s floor plan or vintage but also by local construction activity, infrastructure, labor availability, and a tenant’s exposure to supply chain risk. Amid these changing conditions, investment sales activity has been improving, with certain markets and industry segments outperforming others. At the same time, development is slowing, which is contributing to these tailwinds and easing pressure on existing properties through 2026 and beyond. To help investors navigate this complex outlook Marcus & Millichap presents the Industrial National Investment Midyear 2026 Outlook. 

Key Features Include:

  • Overview of factors affecting the industrial sector and their unique implications
  • Supply & demand forecasts for 36 major markets across the country
  • Update on IOS and data center trends
 
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