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policies. Rockefeller Group operates an FTZ consultancy that assists businesses through the FTZ designation or activation process.
“ The financial advantages of operating in an FTZ can drive significant savings, especially in this changing tariff and trade environment, and can help businesses preserve cash flow and offset costs associated with relocation,” said
Hanback, who notes that since the new tariff and trade policies have come into effect, the business has seen a significant spike in companies asking for help.
Most Rockefeller Group projects are considered“ FTZ enabled,” meaning they’ re located in the service area of an existing FTZ project sponsored by an existing grantee, allowing for a simplified, faster FTZ designation application process.
Prioritizing high-spec facilities Even though many tenants are cutting costs and reducing their overall square footage, they are spending more
“ Tenants remain cautious and mindful of cost containment while... investing in automation and efficiencies.” to relocate to premium buildings with modern infrastructure. Older industrial space is returning to the market quickly, as indicated by more than 100 million square feet of negative absorption in pre- 2020 buildings in 2025, according to
CBRE’ s 2026 Industrial Outlook. As companies review their real estate footprints, many are opting for higher-quality facilities with automation and scalability rather than shopping on price alone.
“ Tenants remain cautious and mindful of cost containment while at the same time investing in automation and efficiencies that benefit from modern construction such as higher clear heights, wider column spacing, higher power loads and adequate parking for trailers and employees,” Hanback said.
Build-to-suit demand rises
Since new construction has stalled, national lease renewals have jumped to an all-time high of 35 % of total market volume, up from the historical average of 24 %, as tenants watch new spaces disappear, CBRE reports.
In addition, despite a migration to quality, speculative development will be minimal in 2026 due to an oversupply of empty first-generation space and
Your trusted industrial real estate partner
Developing, acquiring and managing industrial properties in America’ s top port markets, CenterPoint Properties optimizes supply chain efficiency. With headquarters in Oak Brook, Ill, CenterPoint also operates seven regional offices in California, Florida, New Jersey and Texas. Its national portfolio comprises more than 60 million square feet of industrial space across more than 300 properties, serving nearly 400 customers.
CenterPoint has built its reputation since 1993 as an innovator that consistently delivers forward-thinking industrial real estate solutions for the world’ s leading retail, logistics and e-commerce companies. CenterPoint wants to be its customers’ trusted real estate expert, and that commitment has also helped to forge deep broker and community relationships in America’ s top markets coast to coast.
Investing in customer success
CenterPoint’ s wide-ranging financing capabilities help the business to reliably and quickly complete challenging industrial port, highway and rail-proximate real estate projects in the country’ s top industrial markets.
Its investment team has the experience and ingenuity to close even the most complex deals efficiently and confidently. CenterPoint’ s strong financial backing, local market knowledge and long-standing industry relationships make its leaders bold and decisive— saving customers and partners time and money.
Developing sustainable supply chain solutions CenterPoint can deliver on unique industrial real estate requirements in each of its markets across various asset types, ranging from traditional build-to-suits to world-class intermodal centers, container storage facilities, state-of-the-art distribution centers, light manufacturing facilities, campus and park development, cold storage distribution centers, data centers, and more.
Its development teams nationwide have deep expertise in redeveloping environmentally challenged infill sites. The company’ s newly constructed facilities are LEED ©-certified, and they are leading the way in the industry in helping customers prepare for a zero-emission future by offering solar energy and EV charging services.
Building a portfolio that works for you CenterPoint’ s portfolio of strategically located real estate can help clients maximize efficiency, and the company’ s local property management teams are ready to help clients optimize their supply chain by tailoring properties to specific logistical needs.
52 Journal of Commerce | July 6, 2026 www. joc. com