Charlotte Industrial Q4 2018 Occupier's Guide
Charlotte’s industrial market continues to show strength. According to CoStar, Q4 saw a net absorption of positive 965,948 square feet and vacancy rates came in at 6.5%, up about 0.1% from Q3. Following from previous quarters, rental rates for industrial properties have climbed to historical highs with a reported $5.99 per square foot at the end of Q4. Construction keeps with strong activity seeing 1,300,000 square feet of space delivered at the end of Q4 and roughly another 5,600,000 square feet currently under way.
Download the Charlotte's Industrial Q4 2018 Occupier's Guide to learn more.