Industrial Market Conditions

Industrial investment sales through March 2018 totaled $438 million consisting of 37 industrial properties that averaged $106 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 4Q2017 relative to prior period)

Industrial Vacancy

8.0%

Lease Rates

$0.57

Net Absorption

​2,146,386

Construction Completions

1,230,496