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Q1 industrial real estate activity sees continuation of strong market conditions, reports JLL

The national vacancy rate, despite an influx of new deliveries, heading down, for the sixth consecutive quarter, from 3.8% to 3.4%, and the average asking rent increased to $7.62 per square-foot (p.s.f.), up 7% compared to the fourth quarter, marking the largest quarter-over-quarter increase going back to at least 2000.
Source: logistics Mgmt

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