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Big, power-ready facilities drive industrial real estate market

发布:2026-06-08 · 事件:2026-06-08
An article from Big, power-ready facilities drive industrial real estate market Companies are looking for modern facilities that can accommodate power-hungry automation, industrial experts said in a r...
An article from Big, power-ready facilities drive industrial real estate market Companies are looking for modern facilities that can accommodate power-hungry automation, industrial experts said in a report first provided to Facilities Dive. Published June 8, 2026 Joe Burns Reporter Share Copy link Email LinkedIn X/Twitter Facebook Print License Add us on Google Workers pack and ship customer orders at the Amazon fulfillment center in Romeoville, Illinois. The U.S. industrial market is starting to shake off the effects of record post-pandemic construction, particularly in major markets, Colliers says. Scott Olson via Getty Images First published on Listen to the article 7 min This audio is auto-generated. Please let us know if you have feedback . Industrial occupiers are prioritizing locations with reliable power, shorter utility lead times and existing infrastructure, according to Stephanie A. Rodriguez, national director of industrial services for the U.S and executive managing director of Florida and Atlanta at Colliers. Occupiers want modern, well-located buildings that offer operational flexibility, particularly Class A properties with high clear heights, ample parking, strong transportation access and infrastructure that supports automation and higher power requirements, Rodriguez said in an email. From the developer’s standpoint, that market demand means certain sites, particularly modern big-box facilities of 200,000 square feet or larger in industrial hubs, are the most attractive. “As demand from data centers, AI infrastructure, and energy-intensive industries grows, utilities in some markets are facing longer timelines to deliver new capacity,” Rodriguez said. “As a result, industrial occupiers are increasingly prioritizing locations with reliable power, shorter utility lead times, and existing infrastructure.” Power availability is key Rodriguez said there is also growing interest among data center developers in acquiring industrial properties with existing power infrastructure or favorable interconnection positions, particularly in power-constrained markets. Developers are also securing utility commitments earlier and marketing available power alongside traditional building specifications. “Sites with access to substantial electrical capacity, substations or utility commitments can offer a significant advantage by shortening development timelines and reducing uncertainty around power delivery,” she said. “In certain power-constrained markets, access to electrical capacity can significantly increase a property's redevelopment potential and, in some cases, create greater long-term value than its existing logistics use.” In other words, power availability is increasingly a key factor in how some industrial assets are evaluated, acquired and repositioned, she said. Companies’ increasing use of automation in their industrial operations is further driving the need for power in industrial facilities, David Weissman, managing partner at Greek Real Estate Partners, told Facilities Dive. His company manages about 23 million square feet across buildings in the industrial space, mostly in the northern New Jersey. “They’re using automation to speed up the throughput,” Weissman said in an interview. “That’s been a huge driver for them: doing more with less people but better equipment. They have a requirement to stay on top of that. Whether it’s old technology or new technology.” “As occupier needs evolve, facilities that can support a variety of uses, accommodate automation, and adapt to changing operational requirements are better positioned to attract tenants, maintain occupancy, and remain competitive over time,” Rodriguez said. Next market cycle Occupiers’ need for big spaces that can accommodate automation-driven power requirements in key industrial markets is setting the stage for the next market cycle, according to a Colliers’ report. In Q1, national net absorption rose 5.2% year over year to a total 186 million square feet, the report shows. Vacancies decreased in eight of the 25 major markets Colliers analyzed, while the remaining 17 continued to rise, albeit at slower rates, according to the report. Average rents in the 25 largest industrial markets rose 0.8% to $9.72-per-square-foot in Q1, with year-over-year price hikes in 15 of those markets, illustrating the increased demand. Outside those key markets, demand has yet to take off. Average U.S. warehouse and distribution asking rents declined 0.5% year over year to $10.46-per-square-foot. That reflects the ongoing normalization following the record rent growth the sector saw between 2020 and 2023, the report states. T he legacy effects of the post-pandemic over-building remained through last year, according to Weissman. “It came to a point where [the market] was over-built,” Weissman said. “We started seeing a lot of vacancies…. New development wasn’t getting approved, and lots of capital stayed on the sidelines waiting for the right opportunities
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