Industrial Market Conditions

Industrial investment sales through April 2018 totaled $634 million consisting of 53 industrial properties that averaged $102 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 1Q2018 relative to prior period)

Industrial Vacancy

7.6%

Lease Rates

$0.58

Net Absorption

​1,158,037

Construction Completions

709,200