Will Harsh Winter and Record Flooding Affect Industrial Market?
The first quarter of 2019 held steady with regard to the Omaha industrial market. The vacancy rate fell slightly to 3.3 percent from 3.4 percent in the fourth quarter of 2018. The market did experience negative absorption, however, with -134,908 square feet of net absorption for the quarter. Projects in the construction pipeline total over 1.2 million square feet of industrial space.