• Q1 2018 had nearly 2.8 million sq. ft. of positive net absorption.

  • The vacancy rate decreased by 60 basis points from 4.4% in Q4 2017 to 3.8% in Q1 2018.

  • Gross absorption totaled over 4.2 million sq. ft. in Q1 2018.

  • Industrial asking rates have risen to $4.18 per sq. ft.