Mar
25
C&W Industrial Research MarketNote: Top Industrial Markets Continue to Post Strong Growth

New PictureKEY TAKEAWAY

The overall vacancy rate for the U.S. industrial sector declined to 6.8% in the fourth quarter of 2014, the lowest national industrial vacancy experienced since 2001. National leasing activity climbed to its highest point since 2005 with 340 million square feet of new activity in 2014, and overall absorption reached a all-time high with 159.1 msf of positive absorption. New construction completions totaled 104.7 msf, the highest level of new construction to deliver since 2008. While the recovery of the U.S. industrial sector since the economic recession appears to be fairly balanced, the top 10 core industrial markets have been leading the way, posting strong numbers in 2014.

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