Industrial Subleasing Strategies

Recent data shows industrial subleasing activity hitting record highs with 67.3 million square feet in Q3 2022, though experts view this as rightsizing rather than downsizing in the sector. While Amazon’s warehouse space reduction raised concerns, sublease space still only comprises 1-2 percent of the total industrial market, with top markets like Chicago and Inland Empire seeing increased asking rents. Brokers emphasize that finding creditworthy subtenants is crucial in the current market, where 95 percent of sublease opportunities are below market rate. Read more: https://www.commercialsearch.com/news/industrial-subleasing-strategies/