DMV Industrial Pipeline Grows to 13.2 Million Square Feet Driven by Data Centers
The DMV industrial development pipeline has more than doubled to 13.2 million square feet, ranking it fifth largest nationally. This growth, primarily from data center construction in Washington, D.C., Northern Virginia, and Southern Maryland, represents a 7% inventory expansion, the largest among the top 20 markets surveyed. Nearly half of the industrial space in development is data center-related, with over 30 projects along a 70-mile stretch from Loudoun County to Manassas. Meanwhile, Southern California's Inland Empire continues to see a decline in warehouse space.
Theia Market Signal Identification - AI Assisted
The DMV's industrial development pipeline has increased from 6.2 million square feet to 13.2 million square feet year-over-year, making it one of the fastest-growing industrial regions in the U.S. This growth is largely driven by data center construction, with the area moving from the 15th to the 5th largest industrial market nationally.
Almost half of the ongoing projects are dedicated to data centers, particularly in Loudoun County, which remains the largest data center hub. In contrast, the Inland Empire's industrial pipeline has shrunk significantly, from 19.4 million square feet in early 2024 to 6.5 million by mid-2026. Amazon leads the national development pipeline with several large projects.
Comments