Memphis Industrial MarketBeat Q4 2025
The Memphis industrial market absorbed 5.1 million square feet in 2025, representing a 122% increase over 2024, driven by demand from energy, power, and technology sectors including solar panel storage (1.4 million square feet) and data center operations. Vacancy fell 40 basis points to 8.5% in the fourth quarter, while average net rent for warehouse/distribution declined slightly to $4.12 per square foot as landlords prioritized occupancy through concessions rather than rate reductions, with base rent escalations moderating to the 3% to 3.25% range.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Dec 31, 2025
- Last updated
- Jun 28, 2026 (1 month ago)
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