More industrial space was available for sublease in 3Q 2024 than ever before. Yet available space is being steadily absorbed and signs are positive for the almost 200 million square feet still on the market, according to a new report from Savills.
In total, 198.7 million square feet was available for sublease in 3Q 2024 – more than 225% higher than the level recorded in the same company’s April 2023 study. However, there was also good news.
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