The fourth quarter 2023 industrial real estate vacancy rate headed up to end the year, according to research issued by Chicago-based Cushman & Wakefield earlier this month.
Rising 0.6%, to 5.2%, the firm reported in its “Industrial Q4 2023” report that the decrease was driven by the pairing of muted demand and speculative constructions persisting at a healthy rate. What’s more, it added that this marks the first time the industrial vacancy rate has been above 5% going back to the…
Read More…