Figures
Polk Industrial Figures - Q4 2025
January 13, 2026 5 Minute Read
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- Net absorption pushed past the 3 million square foot milestone for the year, driven by an additional 650,000 square feet of net gains in the fourth quarter
- Vacancy closed the year at 7.6%, down 270 basis points from Q1, as new groundbreakings slowed to just 345,000 square feet—signaling a more manageable pipeline of upcoming deliveries
- Average asking rents are up 13% year-over-year thanks to a combination of bulk leasing and the delivery of new, shallow-bay space at relatively higher market rates