Connected Car
More than 1,800 U.S. companies in a variety of industries returned their manufacturing operations stateside in 2022, according to a report from the nonprofit Reshoring Initiative. Manufacturing has not always been one most active leasing industries in the U.S., but JLL’s recent Industrial Demand study revealed activity had increased during the past two years. The acknowledgement that manufacturing needs to be advanced has also increased demand, according to the Industrial Demand 2022 study. There is 19.35 million square feet of manufacturing demand on the market, according to the report. This includes metal manufacturers in Luxembourg and Switzerland to Asian automotive and electric vehicle manufacturers.