U.S. industrial vacancy rate hits new low

The industrial property vacancy rate in the United States hit its lowest level in 2017 since the initiation of coverage in 1999, according to Ten-X Commercial’s U.S. Industrial Market Outlook report. The vacancy rate declined to 7.3 percent in 2017.
Changes in technology, supply chain and consumer habits have significantly benefited the industrial sector and continue to drive strong demand, says the report. The acceleration in…

U.S. industrial vacancy rate hits new low
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