By Liza Helps, Property Editor, Logistics Matters

TAKE UP to the end of Q3 was just 2% lower than the same period in 2025, but with over 1 million ft2 of mixbox space currently under offer Savills anticipates that the total amount of midbox space taken in 2026 will reach 2025’s level of 5.51 million ft2.

The majority of activity has been focussed in the London and Manchester sub-markets, which have already seen regional take-up exceed 2025’s full-year levels with three months still left in 2026.

Overall the supply of prime midbox space has fallen 4% compared to Q3 2025, with five of the eight regional sub-markets it tracks witnessing annual falls in available space. Total supply across the country stands at 1.58 years’ worth of space.

Savills Logistics Research Analyst Kiran Bhalla, said: “2026’s midbox 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 midbox space – most notably the manufacturing, 3PL and wholesale sectors – showing signs of sustained business growth.”

Savills National Head of Industrial & Logistics Toby Green, added: “While there are nuances across the regions, overall, the Midbox 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 rental growth prospects in the short term.”