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