JLL Industrial Market Report – Q2 2023

JLL Quarterly Industrial Market Report for Q2 2023

August 04, 2023
  • Niall Gargan

In Q2 2023, leasing volumes amounted to just under 600,000 sq. ft, spread across 24 deals. While this indicates a 36% decrease from the previous quarter, it should be noted that Q1 2022 experienced unusually high volumes due to some unique deals.

Comparatively, the volumes in Q2 2023 were down by 6.2% when compared to the average second-quarter volumes of the last decade.

However, each deal's average size was significantly higher, exceeding the ten-year average for the second quarter by 32.2% and the overall ten-year quarterly average by 13.2%.

Fill out this form to download report

There was an error submitting the form. Please try again. 



Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.