2Q14 Market Report

Industrial Demand Soars; 3.7 Million SF Of Positive Absorption

Market overview
Twenty five projects finished completion this quarter totaling 11.1 million SF, 4.7 million SF of this amount was leased prior to construction completion. There remains 13.7 million SF under construction, of which 4.3 million
SF is already leased. Industrial construction usually takes 12 to 18 months or longer to complete.    Read More…