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2021 Q2 Charlotte Industrial Market Report

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By Haleigh Mundell-Moore

Under construction square footage tripled from Q1 2021 to Q2 2021 to keep pace with the rising demand for warehouse space.

Key Takeaways

  • Under construction square footage tripled from Q1 2021 to Q2 2021 to keep pace with the rising demand for warehouse space.
  • Rates continue to climb as demand for industrial space has stayed well ahead of supply.
  • Smaller warehouse users are struggling to find space in this landlord friendly market.
  • Institutional investors continue to have appetite for new construction assets both occupied and vacant.

Charlotte Market Summary

Larger industrial leases continue to flood the market with FedEx leasing 641,000 SF at Metrolina Park in the North submarket. Amazon has not showed any signs of slowing down with the leasing of two last-mile, new delivery stations totaling just over 324,000 SF in the Airport/West and North submarkets. York County has also been a popular destination for large industrial tenants with Masonite and Rugs.com leasing out 370,000 SF and 275,000 SF respectively.

Q2 2021 Search Result Image Industrial

2021 Q2 Charlotte Industrial Market Report

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Haleigh Mundell-Moore | Colliers | Charlotte

Haleigh Mundell-Moore

Marketing Manager

Charlotte

+1 704 409 2378
Email

Haleigh Mundell-Moore is the Marketing Manager for Colliers International | Charlotte. As a part of her role, she  is responsible for the implementation of the overall strategic marketing direction for Colliers brand standards, oversight of the creation and development of marketing-related materials and strategic marketing initiatives.  Along with property marketing, she is in charge of elevating Colliers International  | Charlotte’s exposure via a multitude of marketing channels including www.colliers.com/charlotte, social media accounts, graphic design materials, media relations, email campaigns and business proposals. Haleigh is also responsible for overseeing all team materials that are produced and assists the operations team with the coordination and execution of special events.

Haleigh started at Colliers International | Charlotte in 2014 as a Brokerage Assistant and has since advanced to the Marketing Manager position. 

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