Industrial Market Conditions

Industrial investment sales through September 2018 totaled $1.2 billion consisting of 112 industrial properties that averaged $97 per square foot (based on sales of more than $1 million and greater than 20,000 square feet).

Historical Industrial Sales

Key Indicators (as of 3Q2018 relative to prior period)

Industrial Vacancy

7.4%

Lease Rates

$0.58

Net Absorption

879,675

Construction Completions

1,508,834