U.S. industrial markets absorbed 53.8 million square feet (MSF) of space in the first quarter of 2017, well above the quarterly absorption average of 49.3 MSF witnessed during the current economic expansion. As a result, the national industrial vacancy rate continued to tighten, falling 20 basis point from Q4 2016 to 5.3%. U.S. Industrial rents increased 4.2% in the first quarter compared to a year-ago with rents rising in 71 of 79 markets tracked by Cushman & Wakefield.
Cushman & Wakefield is helping clients every day to make sensible decisions that have measurable, long-term benefits. We intentionally think like owners and occupiers. Addressing client issues frames our business strategy, research, and thought leadership.
Please enjoy the Industrial Quarterly Report.
Comments are closed