| |
|
Tight Industrial Market Begins to Soften As Vacancy Rates Rise
The overall vacancy rate increased over the quarter to end at 3.4%, a 1.6% increase over the total vacancy rate from the previous quarter. Especially hard hit has been the big box segment (100,000+ SF) in the Industry submarket, where the vacancy rate went from 0.4% last quarter to 2.9% this quarter. Large users, especially transportation companies and retail / wholesalers, have put space up for sublease or have moved out completely, due to diminished space needs.
Contact Thomas Galvin at 909.937.6309 for more information.
  INDSGV08Q2.pdf
Email Report Link To Your Friend
|
|