The third quarter led to the most 3 month net absorption in 17 years.
Over 1.8M SF of space was leased by Industrial Users in the 3rd Quarter of 2021, a record for a 3-month period in the last 17 years. Vacancy rates prolonged their downward trend as demand continues to outstrip supply. E-Commerce continued to lead the charge as many Industrial segments persist in experiencing pandemic related growth. Click below for full report.