New warehouse construction in the United States will plunge next year due to a rapid increase in capital costs, while barriers to development in California will help make Texas the leading hotbed of leasing demand, according to forecasts by logistics real estate giant Prologis Inc. Warehouse demand in Mexico will also accelerate as the United…

The largest warehouse market in the United States is reaching full capacity after several months of slowing retail sales, suggesting that the long-anticipated “bullwhip effect” may be starting to take hold of domestic markets. In the Inland Empire, the largest warehouse distribution market in the United States, warehouse vacancies have reached a low of 0.6…