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The industrial sector maintains a cautiously optimistic outlook despite escalating geopolitical tensions and rising oil prices that introduce near-term uncertainty. Trade policy volatility, potential tariff adjustments, and supply chain disruptions stemming from international conflicts have created a more complex decision-making environment for occupiers.  Industrial leasing continued to rally to begin 2026 with 145.2 million s.f. of leases executed with 71.6% of those being new leases.While Q1 historically underperforms other quarters, net absorption of 50.9 million s.f. demonstrated exceptional strength for the period. Performance was largely driven by ongoing flight-to-quality trends and...