Lessors of Nonresidential Buildings NAICS 531120

Jun 20, 2026 - Industrial Occupiers Seek Modern Facilities with Plenty of Power Access

• Facilities Dive reports that, according to Colliers, industrial real estate demand is increasingly driven by access to reliable power, existing infrastructure, and modern facilities capable of supporting automation and other energy-intensive operations. Industry experts say occupiers are favoring Class A properties with operational flexibility, while developers and data center operators are placing greater value on sites with substantial electrical capacity and utility commitments. Colliers reported that nearly 70% of US markets recorded positive industrial absorption in the first quarter, signaling a broad-based recovery in occupier activity. At the same time, rent growth remains modest as the sector continues to normalize following a period of rapid expansion and overbuilding after the pandemic.
• Bisnow reports that a proposed class-action lawsuit filed in federal court in Illinois accuses CoStar Group, CBRE, Colliers, Cushman & Wakefield, JLL, and Newmark of conspiring to fix office, retail, and industrial rents by sharing sensitive lease data in violation of the Sherman Act. If the allegations lead to legal changes, increased scrutiny, or new restrictions on data-sharing practices, commercial property owners could face greater compliance requirements, reduced access to market intelligence, and potential pressure on leasing strategies and rental pricing. The plaintiff, FitFactariDC LLC, alleges the companies used CoStar's platform to gain near-real-time insight into competitors' lease terms, resulting in higher rents and less competition, while CoStar denies the claims as baseless and says its data improves market transparency and efficiency.

• Fitch Ratings’ US CMBS delinquency rate rose by three basis points to 3.31% in May 2026 from 3.28% in April. May's rise in office and regional mall delinquencies outstripped total resolution activity. Commercial mortgage-backed securities (CMBS) are fixed-income investment products backed by mortgages on commercial properties rather than residential real estate. The delinquency rate is the percentage of commercial real estate loans that were 30 or more days past due or in foreclosure. A rising delinquency rate indicates that an increasing number of commercial property owners are unable to pay their mortgages. Current and prior-month delinquency rates for May and April were: Office: 8.44% (from 8.56% in April); Retail: 4.01% (from 3.75%); Hotel: 3.4% (from 3.49%); Multifamily: 1.26% (from 1.21%); Industrial: 0.76% (from 0.78%); Mixed Use: 4.44% (from 4.69%); Self-storage: 0.06% (from 0.06%); and Other: 1.99% (from 1.6%).
• The Wall Street Journal reports that mall owners across the US are increasingly banning unaccompanied shoppers under 18 in response to disruptive teen gatherings organized on social media. These chaperone policies, which sometimes require minors to be accompanied by someone 21 or older, have been implemented after incidents involving fights, theft, and large crowds forced stores to close and led to arrests. Landlords say the rules have reduced disorder and improved safety without hurting sales, though some teens argue the policies unfairly punish all young people and limit social interaction. Mall operators face a balancing act, as they seek to attract Gen Z shoppers while maintaining order. Some properties enforce restrictions only during peak times, and others rely on ID checks or security staff to manage behavior.