{"id":229719,"date":"2025-10-16T19:16:16","date_gmt":"2025-10-16T19:16:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/229719\/"},"modified":"2025-10-16T19:16:16","modified_gmt":"2025-10-16T19:16:16","slug":"huntsville-named-among-10-emerging-industrial-markets-in-new-study","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/229719\/","title":{"rendered":"Huntsville named among ’10 Emerging Industrial Markets’ in new study"},"content":{"rendered":"

\"industrialCummings Research Park is one of the reasons Huntsville was included as one of the emerging industrial Markets in the U.S. (Hville Blast)<\/p>\n

Collier\u2019s International recently compiled a list of \u201c10 Emerging Industrial Markets to Watch,\u201d and Huntsville was included among the likes of Norfolk, Virginia, Albuquerque, New Mexico and Omaha, Nebraska, among others.<\/p>\n

Huntsville\u2019s inclusion on the list is based largely on its high inventory of industrial space and the demand for that space keeping pace with the inventory.<\/p>\n

Here\u2019s more:<\/p>\n

Collier\u2019s International\u2019s 10 Emerging Industrial Markets to Watch<\/p>\n

\"ScreenshotHuntsville is in good company on this list. (Colliers International)<\/p>\n

With Cummings Research Park being the second largest research park in the country, and the recently announced relocation of Space Command headquarters<\/a> to the Rocket City, Huntsville naturally fits into this list, which includes:<\/p>\n

Albuquerque, New Mexico<\/p>\n

Boise, Idaho<\/p>\n

Dayton, Ohio<\/p>\n

El Paso, Texas<\/p>\n

Huntsville, Alabama<\/p>\n

New Hampshire markets<\/p>\n

Norfolk, Virginia<\/p>\n

Omaha, Nebraska<\/p>\n

Savannah, Georgia<\/p>\n

Treasure Coast, Florida<\/p>\n

The study shows that Huntsville\u2019s industrial market has grown by 26% over the past five years. During that time, new supply has pushed industrial space vacancy up to 10.9%, an increase of 333 basis points. <\/p>\n

According to Colliers, most of the vacant space is in recently completed speculative buildings, and fewer options exist for tenants needing \u201cfunctional second-generation space.\u201d<\/p>\n

In essence, demand has largely kept up with new supply \u2014 net absorption totaled 7.7 million square feet over the past five years. Although the Huntsville market experienced a dip in inquiries during the first half of 2024, interest has surged since then. Colliers believes this will lead to an uptick in demand over the coming quarters.<\/p>\n

Here\u2019s a snapshot Huntsville\u2019s industrial market numbers:<\/p>\n

\"ScreenshotSource: Colliers International<\/p>\n

Read the full Colliers International report HERE<\/a>.<\/p>\n

Keep up with what\u2019s going on in the Rocket City!\u00a0Follow\u00a0Hville Blast\u00a0on\u00a0Facebook<\/a>,\u00a0TikTok<\/a>\u00a0and\u00a0Instagram<\/a>, and be sure to\u00a0subscribe to our newsletter<\/a>.<\/p>\n

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