Vacancy & Opportunity: Northwest Arkansas Warehouse Market

Click here to view with images.
To ensure delivery to your inbox, please add alex.schemel@cbre.com to your address book.
 
NW ARKANSAS INDUSTRIAL | Q3 2025
Vacancy & Opportunity: Northwest Arkansas Warehouse Market
CBRE
Click the below link to view our Q3 2025 Industrial report
5.92%
Vacancy Rate
±11.7MM
Total Market (SF)
±253K
Under Construction (SF)
$7 PSF
Average Asking Lease Rate (NNN)
Key Takeaways

  • Vacancy: Overall vacancy increased to (5.92%). This increase is primarily attributed to the availability of two second-generation warehouse properties in Lowell and Springdale. Overall vacancy was (4.26%) prior to these buildings becoming available.

  • Leasing Activity (2025): Asking lease rates appear to be stabilizing
    • New construction: $8-$9 PSF
    • Second-Generation: $5.50 -$6.50 PSF

  • Market Outlook: Approximately ±573,300 SF of second-generation warehouse space is anticipated to become available for lease later this year or early next. Additionally, approximately ±252,800 SF is currently under construction, with expected completion in Q4 2025. We estimate the vacancy rate could increase by approximately 200 basis points by the end of the year.
For more information, please contact:
David
Erstine, SIOR, CCIM
Senior Vice President
+1 479 249 6199
david.erstine@cbre.com
Alex
Schemel
Senior Associate
+1 479 444 2549
alex.schemel@cbre.com
Unsubscribe

 You may also unsubscribe by calling toll-free +1 877 CBRE 330 (+1 877 227 3330).

Please consider the environment before printing this email.

CBRE respects your privacy. A copy of our Privacy Policy is available online. For California Residents, our California Privacy Notice is available here. If you have questions or concerns about our compliance with this policy, please email PrivacyAdministrator@cbre.com or write to Attn: Marketing Department, Privacy Administrator, CBRE, 200 Park Ave. 19-22 Floors, New York, NY 10166.

Address: 438 E Millsap Rd, Suite 103 Suite 700, Fayetteville AR 72703

THIS IS A MARKETING COMMUNICATION

© 2026 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable but has not been verified for accuracy or completeness. CBRE, Inc. makes no guarantee, representation or warranty and accepts no responsibility or liability as to the accuracy, completeness, or reliability of the information contained herein. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk.

CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE.

Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.