US Industrial Leasing Boom Continues

Prologis Q2'26 record 67M SF leases, 36.9% rent growth. Amazon, Medline, Home Depot, Maersk sign major leases. Flight to quality with 10-15 year terms. Bifurcation persists: big-box strong, mid-size slower. New small-bay development in Stafford, VA underscores undersupply of sub-25k SF space.