Clarion Partners has reported it has executed more than 8 million square feet of newly executed leases year-to-date across its global portfolio, including 7.1 million square feet in the United States and 1.0 million square feet in Europe.
“Despite ongoing macroeconomic uncertainty and supply chain recalibration, we continue to see strong absorption in our portfolio, particularly across well-located class A assets,” said Dayton Conklin, managing director and head of Clarion Partners’ Industrial Platform. “With two-thirds of U.S. inventory built before 2000, obsolescence continues to support positive rent growth in newer, state-of-the-art facilities.”
“Tenants continue to prioritize modern facilities that provide higher clear heights, advanced loading capabilities, ESG features, automation readiness, and proximity to labor and transportation nodes,” said Alistair Calvert, Clarion Partners Europe CEO. “This trend is particularly evident in urban infill and
