In this episode of the Industrial Advisors podcast, hosts Bill Condon and Matt McGregor are joined by Craig Hurvitz, the National Director of Research for Industrial. They discuss rising vacancy rates in markets like Charleston, Austin, and Phoenix due to new supply. Craig provides a 2024 recap of bulk occupancies, sector trends, and regional differences. They also cover development trends, port activity impacts, and make predictions for 2025. Key insights include the influence of 3PL providers and the expected stabilization of vacancy rates.

00:41 Welcome to the Industrial Advisors Podcast

01:10 2024 Industrial Occupier Recap

02:21 Sector Trends and Leasing Activity

03:45 Vacancy Rates and Market Performance

07:16 Development and Construction Trends

08:50 Port Activity and Tariff Impacts

12:24 Predictions for 2025

14:13 Conclusion and Farewell

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