- Construction of new industrial developments is increasing in the Pittsburgh region, concentrated in the West and Beaver County submarkets, with over 1.3 million square feet under construction. - While net absorption for the year remains low due to low vacancy rates, absorption is expected to increase as new developments deliver. Industrial leasing activity is shifting towards new construction projects. - JobsOhio provided a $30 million grant to help advance plans for a potential second petrochemical facility in Belmont County, Ohio, which could further drive demand for industrial and distribution space in the region.