© Shutter999 FFA crystal ball
© Shutter999

Leveraging “decades of industry experience and proprietary data”, Prologis Research predicts the following seven non-pandemic trends for 2023:

(“And check out how we did with our 2022 predictions at the end of this report.”)

Prediction #1
U.S. warehouse development starts will drop to a seven-year low, even as rent growth exceeds 10%.

Prediction #2
California’s barriers to development will permanently constrain logistics demand, allowing Texas to become the #1 state for net absorption.

Prediction #3
Mexico demand will hit a new annual record as nearshoring drives expansion ...

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