Manufacturing Momentum: From Construction to Production

August 2024

Momentum in North American advanced manufacturing continues and is driving additive demand for industrial real estate, presenting investment opportunities - and challenges - as this global shift evolves in real time.

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Since Newmark’s initial Manufacturing Momentum report was released in September 2023, the juggernaut trajectory of supply chain repatriation has continued. Active major manufacturing announcements made since 2020 now tally 400+ projects totaling $530 billion in investment, 270,000 new jobs and a minimum of 270 million square feet of new manufacturing space – all to come in the next decade.

Read this report to learn how much additional warehousing and manufacturing demand has been driven by the manufacturing “multiplier effect” in key regions, what opportunities exist for real estate investors and manufacturers to mutually benefit—and what the immediate and long-term future of North American manufacturing may hold.