2018 National Industrial Occupancy

Year-over-year industrial vacancy rate percentages compared nationally and by region, updated quarterly.
Source: CoStar Group Inc.

—Posted on Oct. 11, 2018


Source: CoStar Group Inc.

Vacancy rates dropped slightly for industrial markets in every region year-over-year, with the biggest change recorded in the South, down by 5.4 percent in the first quarter of 2018. The slightest change took place in the Northeast, where vacancy rates decreased by almost 1 percent. Vacancy rates decreased by 4.2 percent on a national level, compared to the first quarter in 2017, and by 14.5 percent compared to the same period in 2016. Vacancy rates for industrial markets are projected to increase in every region, growing by 8.2 percent on a national level. Rates in the West are expected to increase the most, up by 14.0 percent, followed by the Northeast (up by 9.9 percent) and the South (up by 5.7 percent), while rates in the Midwest are expected to grow by 4.4 percent.

—Posted on July 11, 2018


Source: CoStar Group Inc.

Vacancy rates decreased slightly for industrial markets year-over-year in every region, with minor changes registered in the Northeast, from 4.9 percent to 4.5 percent, and in the South, from 5.6 percent to 5.3 percent in the fourth quarter of 2017. On a national level, vacancy rates registered a very slight drop of 20 basis points compared to the fourth quarter in 2016, and a 90-basis-point decline compared to the same period in 2015. The West recorded a 10-basis-point decrease the smallest adjustment year-over-year, inching down 10 basis points. Vacancy rates for industrial markets are expected to increase slightly or remain unchanged in some regions, growing by 10 basis points on a National level. Vacancy rates in the Northeast and the West are expected to increase by 20 basis points, while rates in the South are projected to remain unchanged.

—Posted on April 18, 2018


Source: CoStar Group Inc.

Vacancy rates for industrial markets are anticipated to experience minor decreases or remain unchanged in some regions, falling by only 0.3 percent on a National level. The Northeast is not projected to record any changes, while rates in the South are expected to decrease by 0.4 percent.

—Posted on Jan. 30, 2018