Industrial Vacancy Rates Show Softening in Tight Market, Reflecting Economic Slowdown

Leases & LoansMoney Matters
Written By Jennifer Joslyn

Cushman & Wakefield's report indicates a slight increase in industrial vacancy rates during the second quarter, signaling a softening in the demand for warehouse and inventory storage space. This aligns with other indicators of a gradual economic slowdown, such as the Logistics Managers Index, as the Federal Reserve maintains high-interest rates to combat inflation. Despite the increase in vacancy rates, leasing activity remains healthy, suggesting stabilization of market conditions at a more balanced level.

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