Figures

Memphis Industrial Figures Q4 2025

January 16, 2026 5 Minute Read

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‒ Direct vacancy fell to 6.4% in the fourth quarter, driven by 4.8 million sq. ft. of positive net absorption after lagging early in the year.

 

‒ Overall availability in the market tightened alongside vacancy, with total availability at 10.3%, down from 12.0% a year ago.

 

‒ Despite a softer labor market and GDP growth projected at 2.0% for 2026, Memphis industrial fundamentals and tenant activity point to continued market stability.