Top Industrial Stories
Industrial Vacancies Rising as New Deliveries Come On Line
By Alex FinkelsteinORLANDO-Metro Orlando's 91.5 million-sf industrial market accepted 1.58 million sf of new product in the second quarter, driving vacancies up to 9.1%, a half point higher than the first 90 days and the highest since second quarter 1998. Rents, however, dropped 24 cents putting warehouse/distribution space at an asking $4.46 psf and R&D flex at $7.88 psf.
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