2018 Q4 Raleigh Durham Industrial Report

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  • Overall vacancies in the Triangle industrial market continue to decrease. The flex market held steady reporting vacancies at 9.0%, while the warehouse market dropped to 2.76% at the end of the fourth quarter.

  • Net absorption for the market was reported positive with 221,394 square feet absorbed this quarter

  • Year-to-date investment activity in Raleigh-Durham’s market continues to remain strong. The industrial market experienced a high volume of transactions towards the close of 2018 including the sale of 3700 S Miami Blvd to Beacon Partners for $22.93M.

  • Construction deliveries this year totaled approximately 549,100 square feet. There is over 2.7M square feet of warehouse and flex product currently under construction.

  • Significant job and population growth in the area, steady tenant demand, and decreasing vacancy rates create a favorable market for landlords.

Q3 2018 INDUSTRIAL Website Snapshot

2018 Q4 Raleigh Durham Industrial Report

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