Mega-warehouse facility leasing slowed in 2023, CBRE says
Slowing demand for industrial and logistics warehousing space resulted in fewer industrial mega-leases of 1 million square feet or more in 2023, according to a report released Friday by CBRE Group Inc. (NYSE: CBRE), a real estate services firm. The number of big-box warehouse lease signings fell to 43 in 2023 from a record 63…