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US industrial vacancy falls below 7% as Q2 2026 leasing hits strongest pace since 2022

US industrial vacancy falls below 7% as Q2 2026 leasing hits strongest pace since 2022

Cushman & Wakefield's Q2 2026 US industrial report (released July 23, 2026) shows vacancy dropping below 7% with net absorption of 62.1M sq ft—the second quarter in three to top 60M sq ft. Restrained new construction plus data-center-driven supply-chain demand are tightening the market.

Why this matters for founders

Hardware, e-commerce and manufacturing founders shopping for warehouse or light-industrial space should lock terms early and expect less negotiating leverage as vacancy keeps tightening.

Source: MarketScale (Cushman & Wakefield Q2 2026 data)

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