Q1 2019 Charlotte Industrial Market Report
Charlotte’s industrial market continues to demonstrate strength. According to CoStar, over a one-year period, average market rents have risen from $5.58 in Q1 2018 to $5.96 in Q1 2019. Vacancy has remained steady over the past year at around 6.9%, well below the 10-year average of 9.9%. Continued interest by e-commerce and last mile shippers continue to drive development and investment in the market as institutional dollars continue to flow to the Queen City.
Download our Q1 2019 Industrial Market Report to learn more.