2018 National Industrial Absorption
- Apr 18, 2018
Net absorptions for industrial markets decreased in every region in the fourth quarter of 2017, compared to the same period in 2016, the most significant decline coming from the Midwest, down 28.7 percent, followed by the West, down by 18.2 percent. The South recorded the most minor change, with a 11.0 percent decrease year-over-year. On a national level, industrial net absorptions inched down by 18.0 percent. Compared to the same interval in 2015, national rates dropped by 13.0 percent. Forecasts for the fourth quarter of 2018 show that industrial net absorptions are expected to decrease in almost every region. The most relevant change is projected to take place in the South (down by 17.4 percent), followed by the Midwest (11.1 percent). The West will experience an increase of 22.4 percent, the only forecasted growth for the fourth quarter of 2018.
—Posted on April 18, 2018
Net absorptions decreased in every region for industrial markets in the third quarter of 2017, compared to the same interval in 2016. The most relevant change came from the South, down by 21.3 percent, closely followed by the Northeast with a 20.5 percent decrease. Industrial net absorptions fell by 18.1 percent on a national level. Vacancy rates decreased for industrial markets in every region year-over-year, with the Northeast recording the most notable decline from 5.1 percent to 4.7 percent in the third quarter of 2017.
Forecasts for the third quarter of 2018 show that industrial net absorptions will increase in most regions. The most considerable growth is anticipated to come from the West (up by 22.0 percent), followed by the South (up by 11.4 percent). The only decrease is projected to take place in the Midwest, where industrial net absorptions will drop by 6.0 percent.
—Posted on Jan. 30, 2018