Navigating Q3: Industrial Market Insights
In this episode, hosts Bill Condon and Matt McGregor review Q3 market trends, covering key topics like vacancy rates, lease deals, and industrial space absorption.
Key Highlights:
Vacancy Rates:
Vacancy increased from 7.5% to 7.8%, as predicted. Expected to reach around 8% by year-end due to new product deliveries.
Specific size ranges: 10-25K sq. ft. spaces remain tight with low vacancy, but the 100-200K range continues to struggle with over 10% vacancy.
Pickleball's Impact:
Pickleball facilities are emerging as a new trend in industrial spaces, with several large deals happening in Seattle…
The skinny
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