ROOM TO GROW
The Case for New Industrial Supply in the Triad
The Triad has added more than 17 million square feet of industrial space since 2021, yet vacancy remains the lowest among the six major industrial markets in the Carolinas. Much of the speculative space delivered during the recent development cycle has already been absorbed, while most projects currently under construction are committed build-to-suit facilities rather than new speculative inventory. As tenant demand continues to outpace deliveries, occupiers face increasingly limited options for modern industrial space, while developers and investors may find opportunities to help meet future demand.
In Room to Grow, Cushman & Wakefield Research examines the supply and demand dynamics shaping the Triad's industrial market and what they mean for occupiers, investors, and developers.