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.

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Download our Q1 2019 Industrial Market Report to learn more.