Take-up of ‘mid-box’ industrial units reached 4.14m sq ft across 83 transactions at the end of Q3 2026, 2% lower than the same period in 2025, according to new data from Savills.
With more than 1m sq ft of mix-box space currently under offer, Savills anticipates that the total amount of mid-box space taken in 2026 will reach 2025’s level of 5.51m sq ft. The London and Manchester sub-markets have already seen regional take-up exceed 2025’s full-year levels with three months still left in 2026.
The supply of prime mid-box space has fallen 4% compared with the same period in Q3 2025, with five of the eight regional sub-markets Savills’ tracks witnessing annual falls in available space.
Kiran Bhalla, logistics research analyst at Savills, said: “2026’s mid-box market has continued to prove very resilient, despite wider macroeconomic events, with all indicators pointing to full-year take-up hitting, or exceeding, 2025’s levels. Looking ahead, the sector should continue to benefit from a continued robust occupier market, with some industries that typically favour mid-box space – most notably the manufacturing, 3PL and wholesale sectors – showing signs of sustained business growth.”
Toby Green, national head of industrial and logistics at Savills, added: “While there are nuances across the regions, overall the mid-box market has had a good year. Supply remains constrained, with the Leeds market seeing the biggest decrease over the last year, with a 39% fall in supply year-on-year and therefore good rental growth prospects in the short term.”
