PLD · News · 20261016N

Occupancy and Leasing Activity

Prologis, Inc. · 2026-10-16 · Importance 20 · Surprise 24

Average portfolio occupancy improved to 95.1% in the third quarter of 2026. U.S. industrial net absorption reached 63 million square feet, while market vacancy declined to 7.1%. U.S. industrial rents increased 50 basis points, marking a third consecutive quarterly increase.

Key facts

• Average portfolio occupancy: 95.1%. source
• Market vacancy declined to 7.1% (reported on the Q3 2026 earnings call). source