In the face of continuing tariff turmoil, the logistics real estate sector saw quarter-over-quarter improvements in net absorption, new leasing activity, and proposals during the second quarter of 2025, according to a release from warehouse leasing firm Prologis. That move showed that customers are looking beyond short-term volatility and are continuing to pursue longer-term plans, the firm said in its "Industrial Business Indicator" (IBI) report. But that volatility is also driving the trends measured in the paper. According to Prologis, utilization averaged 85% in Q2, up 50 basis points compared to the full-year average for 2024. This increase is due in part to customers front-loading inventories in response to changing trade policies. July's utilization rate, however, dropped to 83.7. Prologis said this decline is related to robust June retail sales, which emptied shelves, and "choppy" import patterns, which delayed restocking. The company believes this drop is only temporary.