Newmark：2025年第三季度棕榈滩工业市场报告（英文版）

In the third quarter of 2025, the market reported 168,570 SF of positive net absorption, bringing year-to-date demand to positive 140,088 SF. Overall rental rates decreased by 3.5% year over year to $13.25/SF and are expected to remain elevated, although the pace of growth will flatten in the short term as demand catches up to supply. The construction pipeline decreased to 626,857 SF, down 55.7% quarter over quarter, as the 457,396-SF Egret Point Logistics Center was delivered in the South Ce