CoStar Group Reports U.S. Industrial New Lease Count Returns to Historical Peak

CoStar Group's report indicates that the U.S. industrial new lease count index has returned to its historical peak, with leases of 200,000 square feet or more at 92% of prior peak levels and those between 50,000–199,999 square feet at 90%. However, the renewal index has declined. Regional performance showed Dallas-Fort Worth and Austin at 97% and 95% of peak levels, respectively, while St. Louis, East Bay, and Cincinnati were identified as weaker markets.