JLL Industrial Market Report – Q1 2023

JLL Quarterly Industrial Market Report for Q1 2023

May 15, 2023
  • Niall Gargan

Dublin's industrial and logistics market had healthy leasing volumes coming off the back of the second-largest year on record in 2022. The quarter recorded volumes of 940,415 sq. ft across 34 deals.

The volumes were 3.5% above the previous quarter and outperformed the five-year quarterly average by 7.2%. It was the third largest opening quarter on record, behind 2020 and 2015, where the volumes were 1.44m sq. ft and 1.22m sq. ft, respectively.

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