Louisville’s 2018 fourth quarter industrial market activity represented a truly impressive end to what was a banner year characterized by record new construction, record leasing, record absorption and a significant decline in the vacancy rate for industrial product. Click HERE to see our Q4 2018 Industrial Market Report.
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WHAT’S NEXT IN INDUSTRIAL REAL ESTATE
- 2019 construction completions may reach 2.0 – 3.0 msf
- With modest construction in the pipeline, vacancy rates should remain the same throughout 2019
- Although 2019 net absorption will continue to be positive, it will likely not match the extraordinary absorption that occurred in 2018
Click HERE to view the Top 10 Trends to Watch in 2019