Logistics warehouse vacancy rates across the U.S. will remain at or near historic lows during 2022, according to a report released Wednesday by Prologis Inc.’s research arm. The projections suggest it will once again be very difficult to procure space throughout the year.
Vacancy rates ended 2021 at an all-time low of 3.4%, despite 270 million square feet of supply entering the market. A record 410 million square feet was snapped up last year — 85% higher than 2020 levels — and about 400 million...