Industrial markets absorbed 63.6 million square feet (MSF) of space in the final quarter of 2016, which propelled net absorption for the year to a record-setting 282.9 MSF. The current industrial expansion is one for the record books, as reported by Cushman & Wakefield. As of January 2017, the industrial sector has registered 27 consecutive quarters of net occupancy gains, placing this expansion among the longest ever. It is also among the strongest, with net absorption for

Amazon took 8.5m sq ft of new logistics floorspace in 2016, according to new data from Gerald Eve. The online retailer accounted for 17% of the entire big box warehouse market, which achieved a record-breaking take-up of 50.6m sq ft during 2016. The most active bricks-and-mortar retailer was supermarket chain Lidl, who signed up for 1.54m sq ft in the final quarter alone. The last three months of 2016 were the busiest ever, with total take up of 13.9m sq ft. As 2017 dawned, t